Possible pullback area in euro pound
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Multiple rejections, daily O/S and negative divergence
Note
At the upper boundary of the possible supply zone now. Momentum shifting towards bullish from neutral at the time being with new weekly high and ADX is >40. Only with a very clear bearish signal is shortable currently. Daily divergence is about to be negated if day closed up here. Wait for a clear rejection signal. Cheers, P.
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