themarketzone

Touching the bottom of a trading channel - Limited upside

FX:EURGBP   Euro / İngiliz Sterlini
$EURGBP may bounce from the bottom of a weekly trading channel (although the EUR is very weak), but it has a limited upside potential now that it has broken below a weekly uptrend line.
0.77-0.78 which was support zone, now become resistance.

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