EURGBP is testing a strong long-term downside resistance
EURGBP is testing a strong long-term downside resistance and upside support 0.8530. A bounce of this level is now needed for the upside reversal. This is also a retest of the previously broken falling trend line. A complete reversal upside will happen on a break above 0.8550.
Note – Look for the long trade entries with the stop loss below 0.8500
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