$EURGBP Can Fall Down Further Before Rising Up #EURGBP

Traders, EURGBP last week showed a rejection from the 200 sma. It fell a bit from there. We have a potential M pattern forming on the daily time frame. So it can continue to fall until it reaches one of the FCP zones where it can bounce upward again.

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The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
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