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EURGBP – Elliott Wave Theory

EURGBP – Euro/Pound EurGbp trading in a Ascending channel (bearish implication), EurGbp is currently testing the support of that channel support.  A close below that channel support would expose 0.8530 and then 0.8360. Also note the Elliot Wave Theory (Impulse waves), EurGbp traded inside the Ascending channel with 5 impulse waves.  Confirming our bearish bias… […]

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