The Eur/ Gbp is moving up the trend-line breaking above the purple DEMA (36), and this happens after it bounced off the red McGinley (21) which is there to let us know the momentum of price.
The 0.84200 was significant according to purple DEMA, the price over there rose and broke structure supporting a bullish sentiment.
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Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
The 0.84200 was significant according to purple DEMA, the price over there rose and broke structure supporting a bullish sentiment.
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
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