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Daily Analysis By FXGlory
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[QUOTE="FXGlory Ltd, post: 338936, member: 106971"] [B]EURGBP analysis for 04.03.2024 [/B] [ATTACH type="full"]60257[/ATTACH] [B]Time Zone: GMT +2 Time Frame: 4 Hours (H4)[/B] The EUR/GBP pair exhibits a slight uptrend on the H4 chart amidst a consolidating market. Economic indicators and Brexit developments continue to sway the pair's direction. Technically, the price is testing the upper Bollinger Band with bullish indications from the Parabolic SAR. The RSI is moderate, and the MACD suggests slowing momentum, advising vigilance at resistance levels. Support is established near the middle Bollinger Band, with resistance projected at the upper band and prior highs. [B]Disclaimer:[/B] This analysis is for informational purposes only and should not be taken as investment advice. It's crucial for traders to conduct their own research and consider their risk tolerance before trading. For cutting-edge market analysis and actionable trading strategies, please visit [B]FXGlory.com[/B]. [B] FXGlory 04.03.2024 [ATTACH type="full" width="959px"]60258[/ATTACH][/B] [/QUOTE]
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