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The market has stabilized, the first signs of an uptrend appeared

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-trend-2
Forecast Details
PairEURGBP
Publication Time4/14/25 10:07 AM
Direction Buy
Status Closed (0.8530)
10:07
10:07
Apr. 14, 2025
Forecast
+120 p
0.8730
Target 2
+90 p
0.8700
Target 1
0.8610
Entry
-80 p
0.8530
Stop Loss
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Chart & Analyst Comments

main-buy-trend-2
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on EURGBP. As a result, we recommend considering only Long trades at this time.
  2. The increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
  3. MVP line is below the price and acts as a support level.
  4. The first target is at the level of the previous peak - 0.87, and the second one, in case of an active price increase, is at the level - 0.873
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