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EURGBP: ASCENDING TREND CHANNEL QUICK ANALYSIS.

 

The pair EURGBP  executing an ascending channel trend; the pair’s strength focusing on the bull area but there is a chance for possible reversal too

 

A reversal Impulse from 0.90186 proffering a stable rise in the bull area; the 0.90300 should be the surpass zone to confirm the upward trend.  If the market passes through the zone without any deviation, the 0.9070 should be the next halt for the price range.

 

Mostly, the reversal didn’t happen even though if any reversal happen means, the 0.90000 could offer an immediate support.

 

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24 Aug 2018 1:44 pm Posted by tamilforex

 
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