Important price line breached by EURGBP

Past performance is not an indicator of future results.
EURGBP has broken through a line of 0.8999 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 0.8936 can be expected within the next 2 days.

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