Should we expect a bearish trend on EURGBP?

Past performance is not an indicator of future results.
The breakout of EURGBP through the 0.8964 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 0.8905 within the next 23 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.