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EURGBP is moving towards a line of 0.8852 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURGBP continues in its current trajectory, we may see it move towards 0.8852 within the next 4 days.
EURGBP 4 hour

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