Contributors Technical Analysis EUR/GBP Further Increase Possible

EUR/GBP Further Increase Possible

EUR/GBP increased further and is almost to hit the third warning line (wl3), where he could find resistance again. I’ve drawn a minor ascending pitchfork to catch a potential upside movement. You can see that was attracted by the confluence area formed between the wl3 with the median line of the minor ascending pitchfork. It could increase even if will stay below the median line of the minor pitchfork, but only if will take out the wl3 resistance.

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