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Technician

EURGBP: Could be Bottoming

Long
Euro / British Pound (FX:EURGBP)  
Technician  
FX:EURGBP   Euro / British Pound
7
4
EURGBP Could be in the process of bottoming, as price completed a long term bullish three-drives pattern, while trading within a major bullish falling wedge pattern. MACD is showing a prolonged bullish divergence as well. I am betting on a move higher over the coming weeks to few months.

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