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EURGBP drifts lower

EUR
  • EURGBP drifts lower and at session low.
  • Most market participants will have their eyes on the 0.84215, Friday's low and also the lowest since late February 2020.
  • We have faded off that area in the past 6 sessions.
  • A clear break through the latter opens to 0.8375 1.0% 10-dma envelope.

Chart source: Bloomberg

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