DeGRAM | EURGBP preparation for correction

Updated
EURGBP is in a descending channel between the trend lines.

The chart maintains a downward structure, but RSI is already indicating oversold on the 4H Timeframe.

The price has already reached the support level, the lower channel boundary and the lower trendline.

We expect a correction from the support.

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Trade closed: target reached
Closed +44 PIPS
Chart PatternseurgbpanalysiseurgbpsignalSupport and ResistanceTrend Analysis

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