A bullish divergence is observed in EURGBP pair in an hourly timeframe. The new bullish trend is confirmed with the formation of new HHs and HLs and the breaking of the previous LH and LL. It is a potentially good point to take long positions.
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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.