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After testing 211.2300 numerous times, BCHGBP has finally broken through. Can we expect a bearish trend to follow?

The breakout of BCHGBP through the 211.2300 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BCHGBP could test 199.2150 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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