DeGRAM | EURGBP retest of the demand zone

20 בפבר׳

EURGBP is in a descending channel, in the demand zone between the trend lines.

The price is moving from the lower boundary of the channel and dynamic support, which has previously become a rebound point.

The chart has formed a harmonic pattern.

Indicators on the 1H Timeframe point to a bullish convergence.

We expect growth after the retest of the lower boundary of the demand zone.

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