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EURGBP MULTI TIMEFRAME ANALYSIS

Long
FX:EURGBP   Euro / British Pound
EURGBP has been bouncing in a Pennant for the past few days and Price seems to be approaching the end of the Pennant which indicates that a Breakout to either side is imminent.

I expect a Long but we’ll react to the market by waiting for a break and retest for Valid Entry.

I will be using a pending Order once market closes below or above the Pennant to confirm a break and retest.

Keep a close eye on This currency pair.