EURGBP has recently reached strong support and started a reversal breaking out of the downtrend on higher timeframes, the market has formed this new trendline which it seems to be respecting, we are looking for one more rejection candle then we can look to play the bounce of the trendline here first target will be the previous high.
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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.