Volatility is currently low within EURGBP and we've seen the price ranging for some time now. We should witness a bearish breakout should fundamentals and reports back it up.
If Bollinger bounce occurs, we will see price go bullish up to the 0.87900 region.
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Bollinger Bounce currently occuring
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Congrats to everyone shorting from the Bollinger bounce high. 30 pip profit so far.
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Deep re-tracement currently happening. Hope everyone secured some profit!
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Beautiful price rejection and bounce off of the resistance.