spesfinancial
Long

EURGBP Shoulder-Head-Shoulder Bottom

FX:EURGBP   Euro Fx/British Pound
49 0 4
On weekly chart we can see that a shoulder-head-shoulder bottom has completed and its neckline has been broken, as well as the downside trendline . It is very likely that price will continue going up and test horizontal resistance around 0.7760 in few weeks. It is a good opportunity for us to look for long setups on lower time frame if price could stands above 0.7480 support.
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