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EUR/GBP drifting lower within ascending channel
EUR/GBP is starting to ebb lower as we move back into trendline support, with the pair looking like it is in retracement mode once more.
With that ascending trendline coming into view, it is likely that this will be a short-term move lower, before we push upwards once again. As such, it makes sense to buy into a further downside, with a break below £0.8797 required to negate the recent uptrend.
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