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Forex Trade Idea: EURGBP – Approaching Multiple Layers of Resistance (daily chart)
Price Action Context
Currently in a corrective structure on the bottom of a downtrend, the EURGBP has bounced of a multi-year support level near 8276 over the last two days.
However, the pressure remains on the EURGBP (along with many EUR pairs) and multiple layers of resistance lie ahead …... Keep reading