EUR/GBP D1 Technical August 22

EUR/GBP’s outlook at this point, we’ll stay warily bearish as long as 0.7945 resistance holds. Below 0.7811 will target 0.7755 low first and break will confirm fall resumption for 0.7692 key support level next. However, break of 0.7945 resistance will now be an early sign of reversal and should turn focus back to 0.8152 resistance instead.

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