EUR/GBP Price Analysis: Bulls could be about to make a move EURGBP Technical Analysis
action and market structure over the daily and 4-hour time frame and argues the case for a deceleration in the suppl. In such a scenario, there will be the potential for a correction before further moves towards a key long-term trendline support area. The price is entering what could be a demand area considering the structure looking left as illustrated above. 0.8750/30 is a resistance area, potentially, where the bulls might have their eyes set.
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