The EURGBP successfully broke through a resistance line in an ascending triangle pattern on the 4-hour chart and ended below it.
This indicates that sellers are in control and raises the likelihood of a return to a bearish trend. The next targets for sellers are at 0.8529 and 0.8505.
This indicates that sellers are in control and raises the likelihood of a return to a bearish trend. The next targets for sellers are at 0.8529 and 0.8505.
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