The number of unemployed people in the UK increase what means that other currencies have the change to be stronger than GBP.

We can see an ascending channel, with a diagonal line making the support, and other one, the horizontal and it seems to be a support and in the past an old resistance.

We could wait to see if the candles will cross the line 0.87658, or just put a SL there using the ATR indicator
ascendingChart PatternseuroeurogbpeuropeGBPTechnical IndicatorslinesParallel ChannelpoundsupportTrend Analysis

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