EURGBP A previous analysis of this chart is linked below
Alternative analysis for EUR/GBP
A parallel channel has been forming for an extended period of time on the 4hr, with price bouncing along the lower and higher edges of the channel, and breaking major support lines along the way downwards and indicating a strong moving downwards trend.
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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.