DeGRAM | EURGBP seeks to exit the channel

٢٥ ديسمبر ٢٠٢٤

EURGBP is in a descending channel between the trend lines.

The chart is holding above the trend line and 38.2% retracement level.

The price has formed a bullish takeover while attempting a decline under the dynamic support.

We expect the price to rise after consolidation above the resistance level.

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