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Saeed966
Nov 1, 2020 4:19 PM

EURGBP Strong uptrend towards resistance +240 Pips Long

Euro Fx/British PoundFXCM

Description

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It approaches a rising trend line, in case this trend is not broken, it will head towards the upside according to the scenario that you set.

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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
Comments
yissa75
I think it's dipping for a while and then upwards?
Saeed966
@yissa75 Yes, it is approaching the trend line, if not broken, it will rise
SouthAfricanSnipper
@Saeed966 Britain going back into full lickdown will weaken the Sterling. I am expecting a good uptrend on this one. What are your thoughts boys.?
Helena_FX
@SouthAfricanSnipper, Might go down to 0.88750...who knows and then up.
Jimis48
👌
Saeed966
@SouthAfricanSnipper Yes I agree with you
Scrollzemin
Scrollzemin
@Scrollzemin, previous week gave us a lower wkly close from the last 4 wk range.............this wk we got a pullback for heading lower......after heading lower any test of .8990 sill lend itself to an entry for lower targets
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