EURGBP has been in a correction phase for quite some time since the impulse in 6 April. The recent rejection in 0.236 fibo (D1) might indicate a reversal and the end of correction wave. It is recommended to monitor and see if it breaks the descending wedge for confirmation.
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Price hit SL. However, price rejected at 0.236 fibo (0.8520) at W1. Buy dips can be considered to recover some losses with tight SL just below the previous low.
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