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EUR/GBP- Bearish daily close likely

OANDA:EURGBP   EUR/GBP
Despite rebound from 0.8858 levels on Thursday and Friday, the subsequent exhaustion near the rising trend line resistance followed by a fall back below 0.89 handle amid bearish daily MACD suggests the pair is likely to close below 0.8880, in which case the 50-DMA level of 0.8742 could be put to test.
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