Should we expect a bearish trend on EURGBP?

The breakout of EURGBP through the 0.8492 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, EURGBP could test 0.8463 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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