EURGBP closed at entry price and rebounded from major support area
EURGBP Analysis:
EURGBP is rebounding from the major support area in the higher timeframe daily chart
In the 4-hour timeframe, EURGBP has broken the lower high area of the channel and the horizontal resistance with buyers pressure.
The EURGBP pair has been trading within the entry price range for an extended period, resulting in a prolonged ranging movement. This market has been oscillating between the entry price levels for over 24 hours.
In accordance with our signal-following guidelines, we have closed the EURGBP signal at the entry price level due to the lack of significant price movement and the 24-hour Trade Protection rule.
For those new to our service, please take note that the EURGBP signal has been closed at the entry price level as a result of limited market activity within the specified time. Continue to adhere to our signal guide provided with each signal message at forexfib.com/guide/
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