The #EURGBP had a bearish impulsive leg last week. On daily TF, it shows a high momentum. I expect a reversal at the support trendline of the channel back to the upside as correction this week.
However, in a situation where price breaks the support, there should be more downward move and this signals end of the current uptrend.
What do you think? share your thoughts below and like my analysis
However, in a situation where price breaks the support, there should be more downward move and this signals end of the current uptrend.
What do you think? share your thoughts below and like my analysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.