The counter EURGBP was travelling in the ascending channel from 09th June. Today the counter broke out the channel at the price 0.8998 and the price is expected to move downwards. Short is more preferable for this counter and the bearish trend is expected to start soon.

Place your stops above R2.
Chart PatternsEURGBPTechnical IndicatorsshortTechnical AnalysisTrend Analysis

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