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EUR/GBP: 'V-Top' pattern

EUR/GBP: 'V-Top' pattern

Information is not investment advice

There's a bullish 'V-Top' pattern, which led to the current upward price movement. At the same time, we've got a bearish 'Thorn', so the market is likely going to test the nearest support 0.8543 - 0.8556 in the short term. If a pullback from these levels happens next, bulls will probably try to reach another resistance at 0.8616 - 0.8634.

9-4-2019-EUR-GBP-H4.png

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