Looking at current price level, we can see that today's candle is till towards the BEARISH side. Today's candle managed to retest a weak resistance level @0.8650, followed by a BEARISH movement towards the downside. From its trend, there is no form of reversal yet and entering a short position will be a better option. As of now, I am seeing 0.8581 support level to break bringing price towards 0.8477 price level. Having said that, there is a potential for EURGBP to reach 261.8% fib level.
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