Euro / British Pound
Long
Updated

EUR/GBP: Are we finally going up or is this another tease?

Why are we feeling bullish?

1. Clear uptrend.
2. We are at the phase of a break out to the upside after a long consolidation period within the uptrend channel.

However, we still have to wait on a few more confirmations like the retest of the new support level and a bounce from the level.

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