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DeGRAM | EURGBP pullback trade

Short
Euro / Livre Sterling (FX:EURGBP)  
DeGRAM  
FX:EURGBP   Euro / Livre Sterling
Trend Analysis Chart Patterns Support and Resistance eurgbpanalysis eurgbpsignal
5
1
trendanalysis chartpattern supportandresistance eurgbpanalysis eurgbpsignal
EURGBP pulled back to resistance and 38.2% fibo levels following a massive sell-off.

Price move is in the descending channel, indicating the bear's dominance.  

We anticipate a bearish move since the trend is bearish. It's a simple pullback trade from the reaction zone.



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