EURGBP: Top-Down Analysis & Trading Plan

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By VasilyTrader




 These next few days pay close attention to EURGBP pair.


the market has recently reached key daily support and we see a clear unwillingness of sellers to push lower.

on 1H the pair is currently forming the right shoulder of a head and shoulders pattern,
I want the neckline to be broken to the upside to buy the market.

my initial target will be 0.896
safest stop 0.8775

let's see how it unfolds :)

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