EURGBP M30
The bears continue to sell into the 1:1 (Light blue) rallies as they push for the large stops that are likely sitting just below the 0.70000 low.
The next level to keep a close eye on is the 1:1 (Light blue) at 0.72300, if this level can attract solid selling interest in the coming sessions look for small stops to be targeted below today’s low. However any break above this level will see a test of 0.72800.
* A 1:1 refers to a current correction being equal in length to a prior correction
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