EURGBP found support near swing floor area. ...Middle East

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EURGBP found support near swing floor area.
The EURGBP has been moving up and down for most of 2024. Last week, the buyers broke higher and in the price extended above the 200-day MA and the 50% of the move down from the December high near 0.8606 area. Momentum last week sent the price to 0.8643 before rotating back to the downside into the week's close. The price on Friday closed at 0.8557. That was right near the 200 bar MA on the 4-hour chart (lower green line on the chart above).This week the pair (see 4-hour chart above), started the week near the 200 bar MA on the 4-hour chart. Sellers emerged and pushed the price lower toward a support floor between 0.8520 and 0.8529. The low came in just above that level and started an up-an

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