Above is the daily chart for EUR/GBP. Price is now testing its support at 0.8206 for the third time. If this support breaks, the next level would be at around 0.8092. Given also the triangle, the plunge would be expected to be even greater. Short positions are suitable once this support breaks. But please watch out any possible false breakout. Do not put too much money in it until the breakout is confirmed.
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