"Top and Bottom Analysis" EUR/GBP by ThinkingAntsOk
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4H CHART EXPLANATION:
In 4H timeframe we observe that price has broke the Descending Trendline and started to move in a range. It has recently broken the Resistance Zone 1 at 0.86750. The upside movement has potential to reach Resistance Zone 2 at 0.88275 in the short term, and if that zone is broken, then it could face Resistance Zone 3 at 0.9050 in the middle term.