EUR/GBP LONG FROM SUPPORT

٧ يوليو ٢٠٢٣

Hello,Friends!

EUR/GBP pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.863 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.

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