EURGBP is Forming Cup and Handle Pattern

By Deya Hroob



In the daily chart of EURGBP, Cup and Handle Pattern started to appear. It's a continuation pattern.

The price may pullback towards the blue curve before rising again.

Our profit targets will be the Fibonacci levels as shown on the charts. If pairs breaks under 0.8860 the trade set up will be invalided. 

 

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