jdemunter
Long

Eur/Gbp : Perfect channel

FX_IDC:EURGBP   Euro / British Pound
From the 2009 high price has been in a downtrend to form a perfect channel. This downtrend is now finished as price has reached the bottom of the channel and made a double three (wxy) corrective pattern. Look for eur/gbp             to rally and eventually break the channel to the upside.
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