bulls-vs-bears-since-1981

Trading the bottom half of a recently formed channel

Short
FX:EURGBP   Euro / Livre Sterling
EURGBP is trading the bottom half of the recently formed channel as it struggles to sustain these lofty levels. Continue to play the short term long as we bounce off the support level of the channel but don’t miss the bigger short positioning as this support level becomes resistance and price action potentially drifts lower from here
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