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EURGBP continues to fall inside the short-term correction (b) which started earlier from the resistance level 0.93000, coinciding with the resistance trendline from the wide daily up channel from May. The active corrective wave (b) belongs to the impulse wave 3 from the start of September. Given the strong bullish Sterling sentiment seen across the currency markets today – EURGBP is likely to extend the losses toward the next support level 0.91200 (former resistance level from the end of July).
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