Trading in downward channel
The medium term EURGBP price forecast is bearish. The EURGBP price is advancing to retest the upper bound of downward channel. Most likely the price will reverse and start retreating while there is a small likelihood it may continue rising and breach above resistance.
Trade closed: target reached
tp1Note
tp1 (buy)
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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.
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.