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ForexTrendline
Oct 20, 2020 4:52 AM

End of correction. Time to buy! Long

EURO / BRITISH POUNDICE

Description

In early September, we saw a boost in EURGBP. Then a long correction began. All the time we see how the correction is exhausted by making the lower bottoms.

We have already seen a higher bottom and a break in the resistance. Now the previous peak is about to be break and we are heading to 0.9280 and higher!

A critical level for the analysis is that the price does not fall below the previous bottom and 0.9000.

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