ENTER AT OWN RISK, MUST TAKE RISK MANAGEMENT PRECAUTIONS
- Rebounding golden zone
- Maximum retracement
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There is a possibility of temporary retracement to suggested support line (0.8769). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. EURGBP is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.