EUR-GBP Breakout! Will Go Up! Buy!
Hello,Traders!
EUR-GBP was trading in a narrowing falling wedge
And looked somewhat bearish for the last month
However, it seems like we are seeing a breakout
Of the long term falling resistance
(it spans far further back, than you can see on the chart)
Which makes me bullish on the pair
And I think that after some coiling, EUR-GBP will go up
With the modest target being the supply zone above
Buy!
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