Trade of the Day: EUR/GBP

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ChartViper Trade of the Day

EUR/GBP continues to rise inside the daily Falling Wedge chart pattern, which was recently identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 6-bar level – which is the result of the below-average Initial Trend (4 bars) and significant Uniformity and Clarity (7 bars). EUR/GBP is expected to rise further inside this Falling Wedge.


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