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EURGBP






12/3/2018 3:16:54 AM

EURGBP - Technical Analysis: Monday, 03/12/2018 08:16 GMT



The bullish correction stopped at 61.8% Fibonacci level to indicate the price return to decline again, and forming double top pattern that will be confirmed by breaking 0.8825 supports the chances of achieving more negative trades.

The next target at 0.8760, and consolidating below 0.8930 is important to continue the expected bearish trend.

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Target
Risk


Support
Resistance


Trend Bearish

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