The EUR/GBP D1 chart has a very clear descending channel. At present, the price has touched the top of the falling channel. If the price cannot break above the channel, the trend will have a high probability of returning to the downward trend. The RSI indicator is currently overbought in price. The Williams indicator also shows that the price is in the overbought region.
The double line of the RVI indicator on the H1 chart has formed a death cross, which can be placed bearishly. The RSI indicator also shows that the price is in an oversold state. Can be slightly bearish.
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