DeGRAM

DeGRAM | EURGBP compression channel breakout

Short
FX:EURGBP   Euro / British Pound
EURGBP is consolidating, and probably it is about a sell-off.

Price move is in the descending channel. making lower lows.

The market is printing a potential AB=CD pattern, and recently it made a sharp move, which is AB leg.

We anticipate a compression channel breakout and retest of the support level as well as a Fibo extension level.



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