UnknownUnicorn4565572

EURGBP Descending channel

Long
FX:EURGBP   Euro / Livre Sterling
The bear rally could take a pause with this descending channel reaching its support trendline.

It might present a false downward breakout but if it refuses to and actually breaks out completely, than this pair will seriously plunge, and I will follow it.

If the channel is valid, I will be initiating a long position to the red resistance, and the channels resistance trendline if the red resistance allows it.

Good luck and follow me for more!
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