EUR/GBP, bulls or bears?

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EURGBP has broken through the downtrending channel, but it is still stuck in a box and is ranging. We will make our decision based on the closure of the current H4 candle. If It manages to close inside the ranging rectangle and produces another smooth bullish candle, we will be looking to buy the pair, on the contrary, if it breaks the area of support and closes below it, we will be looking to open shorts!

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