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EURGBP Arrives At The Base Of Its Multi-Year Range

  • EURGBP remains soft
  • Price has arrived at a major area of support.
    • 0.8300 represents the base of a multi-year range the cross has been trading within since 2016.
    • 0.8282/77 marks the Feb’20 and Dec’19 lows.
  • A clear breach of the 0.8300 - 0.8277 zone would represent a major technical break and strengthen both S/T and M/T trend conditions.

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