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EURGBP - Buy idea for a 1:6 Risk to Reward

Long
Euro / British Pound (FX:EURGBP)  
JD_TeenTrader  
FX:EURGBP   Euro / British Pound
Trend Analysis Harmonic Patterns Chart Patterns EURGBP eurgbplong eurgbpanalysis Forex forexsignals
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trendanalysis harmonicpatterns chartpattern eurgbp eurgbplong eurgbpanalysis forex forexsignals
EURGBP has been consolidating for 3 weeks. It has really strong support at 0.8560 to 0.8570.

There is a pattern to go long at the current price. With the strong consolidation, we can expect a big move upwards. The stop loss is very tight - just 30 pips below the strong support.

This is counter trend and looking for a reversal.
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