EURGBP has broken the ascending channel and retested the broken level in the 1-hour timeframe chart.
EURGBP is moving in a downtrend.
Now the EURGBP has came to the old support level which act as a new resistance level in the daily timeframe chart.
After the confirmation of the Downward movement, the EURGBP sell signal is given.
EURGBP has achieved the take profit successfully.
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