EURGBP breaks out from the descending triangle pattern from its top, also it is continuously trading in the downside and now at the current level is has taken the support of support line 1. If it breaks this support, we might see further downside towards the support line 2 or if it takes support at the current level, we might see some consolidation in support line 1 and support line 2.
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Vivek
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
