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    EUR/GBP has formed a channel by tradersmith for May 12, 2017



    EUR/GBP has formed a channel and is testing the strong support on the 0.8425. The MACD indicates a reversal from this level and the first target is on the support level of 0.8483 within the channel.

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    • avatar-7501
      • #

      In general, the forecast is fully justified itself.

    • avatar-7560
      • #

      It's classic. But there is a big possibility the channel will finally be broken.

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