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EURGBP 23.4.2025
General Trend:
The pair strongly rebounded from the demand zone 0.8442–0.8464 but now faces resistance at 0.8624, trading sideways in a consolidation range.
Expected Scenario:
Bullish Scenario:
- A breakout above 0.8624 could push the pair toward 0.8700.
Bearish Scenario:
- A break below 0.8526 could lead to a retest of the golden zone between 0.8464 and 0.8442.
Key Levels:
Resistances: 0.8624 – 0.8700 – 0.8750
Supports: 0.8526 – 0.8464 – 0.8442
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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