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Exogenous

EUR/GBP ANALYSIS WEDGE PATTERNS, POTENTIAL TARGET POINTS.

Long
Euro / British Pound (FX_IDC:EURGBP)  
Exogenous  
FX_IDC:EURGBP   Euro / British Pound
eurogbp sideways Ascending Broadening Wedge formation potential
5
0
eurogbp sideways ascendingbroadeningwedge formation potential
Wedge pattern broke, the continuation of the trend must carry on moving, I believe the trends movement would be slightly bullish as the euro is gaining strength. I have placed targets of where the trend may roughly go. The current potential bullish wedge may be giving the trends formation in where the type of movement would be directed.

Current point: 0.8663
Opening point: 0.8680
Target point: 0.87040
Exit point: 0.8587
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