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YourLazyTrader

EURGBP approaching support level, uptrend likely to resume

Long
Euro / British Pound (FX:EURGBP)  
YourLazyTrader  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Beyond Technical Analysis EURGBP eurgbplong eurgbptrend eurgbpanalysis eurgbpforecast eurgbpbullish
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trendanalysis chartpattern beyondta eurgbp eurgbplong eurgbptrend eurgbpanalysis eurgbpforecast eurgbpbullish
EURGBP is approaching the support level. As long as price stays above the 0.89 level, the uptrend can resume very soon.
Price is also above the 100-day EMA, which means that the uptrend is still intact.

Buying at the support level that I have highlighted in my chart and targeting the 0.9150 level would be a good idea for the buyers.
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