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Euro / British Pound

EUR/GBP

By ThC7
EUR/GBP shows an interestingly Head and Shoulder pattern on Day chart. However, it failed to break below the strong resistance of 0.88774, making it to bounce back. Resistance appear in the level of 0.89306, looking back to the history chart as shown in square. The general idea is to wait for the break on this level, wait for a pullback to test again on the resistance level before going for a LONG.
Chart PatternsTrend Analysis
ThC7

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