Should we expect a bearish trend on EURGBP?
The breakout of EURGBP through the 0.8623 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of EURGBP to test 0.8593 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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