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EUR/GBP Forecast: Long then Short

Long
FX:EURGBP   Euro / Sterlina
Here is our analysis on EUR/GBP

Currently the pair is trading @ 0.85900
The pair has broken above resistance @ 0.85500 and might attempt to test next resistance @ 0.86500
Only if the pair manages to break above the current Descending channel.
If not pair might fall back to the resistance @ 0.85500
Bearish Harmonic formation on 1H chart signaling reversal

link to previous analysis below

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