EURGBP – waiting for a breakout with the upper side of the channel

12 July 2021 377
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The pair has been straying in a descending channel since mid-May. Since the channel is pointed downward, it is more reasonable to start selling when the price reaches the upper boundary of the channel and starts drawing a technical downward reversal. Target – the level of 0.852

This content is for informational purposes only and is not intended to be investing advice.

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