EUR/GBP: The daily chart had a large pull back however the trend is bullish and we have seen over the last 10 days that we are resuming the uptrend. We are not able to place a fib as we do not have a higher high to complete the fib so we have an aggressive trend line and price is at 0.8350 and current price is at 0.8492. The 2 hour chart has been bearish and has just today made a breakout and is now making a higher high and has broken the trend line. So on this chart we will stay bullish. The one hour chart is very bullish at the moment as it has been sideways for hours and as the 2 hour chart has just made a breakout to the north. With a 3rd higher low. The 15 minute chart has a ABCD pattern and the AB is as follows The A is at price 0.8464 and the B is at price 0.8493. We are waiting for a fib pull back to the 61.8 which is C and then look for a bullish candle and take your long trade to the D extension at price level 0.8511.
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