Bullish Divergence on RSI appeared on 4 hr chart and formation of HH. The instrument gave bullish breakout of downward channel with huge volume. EURGBP will face another resistance as downward trend line. If bulls gets strength, breakout of the trend line will be possible. Entry after breakout of the trendline and previous LH.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.