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Euro / British Pound

EURGBP head and shoulders

By KYEJ4CKSON
EURGBP has finally broken the daily ascending channel. the 4H chart has already shown a small retest for the trendline before falling lower however I believe we could come back 0.9000/0.9010 price point which could also retest the trendline before melting. I'm personally looking at a sell target of 0.8850 however we could even see price return to 0.8790 which has previously acted as major resistance and support.
Chart PatternsEURGBPeuroHEADSELLshoulderssterlingTrend Analysis

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