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ForecastCity_ME
Jun 21, 2021 10:38 AM

💡Don't miss the great buy opportunity in EURGBP Long

FX:EURGBP240
Euro Fx/British PoundFXCM

Description

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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.85499).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURGBP is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 0.86125
TP2= @ 0.86390
TP3= @ 0.86730
TP4= @ 0.87166
TP5= @ 0.87497

SL= Break below S2

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ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsEURGBPEURGBPeurgbplongeurgbpbuy
Comments
Mehmetozdemi
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Love this analysis. Your charts are always nicely done.
ForecastCity_ME
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@Mehmetozdemi, Thank you for your comment. We appreciate it
Sophi2018
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Very nice chart.
ForecastCity_ME
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@Sophi2018, Thank you. We appreciate your support
Mesutkashmar
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Great analysis, thanks for sharing.
ForecastCity_ME
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@Mesutkashmar, Thank you! Hope it's inspiring.
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