EURGBP is trading in falling wedge, as it is at the breakout point from falling wedge pattern, we might see, an upside movement in EURGBP from the current level. One can initiate the long side trade in EURGBP with proper risk management and stop loss. As for Upside, resistance 1 and resistance 2 will be target prices.
Thank You.
Thank You.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.