Double bottom in D1, top level of trend line broken in EUR GBP H4, H1

As per our previous EUR/GBP analysis (click here to see), we recommend our members to wait for the confirmation of reversal or breakout at the strong support level price 0.83

Below weekly chart is the snapshot of our previous EUR/GBP analysis.

Now, EUR/GBP bounces back from strong support level 0.83 in weekly chart.

EUR/GBP formed a double bottom in daily chart

EUR/GBP broken the top level of down trend line in 4 hour chart.

EUR/GBP broken the top level of uptrend line in 1 hour chart.

All time frame charts confirms the Upward movement and reversal from the strong support level.

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Forexgdp Team.

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FOREX GDP

Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

FOREX GDP