EURGBP: Oversold Market & Pullback 🇪🇺🇬🇧
EURGBP looks too oversold after a strong bearish rally.
The price found support around 0.891 level.
Analyzing 30 minutes time frame, I see a clear sign of strength of the buyers
- an inverted head and shoulders pattern formation and a bullish breakout of its neckline.
We can expect growth now at least to 0.844
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