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The primary trend direction in EURGBP is unchanged and remains down. The pullback from Friday’s high confirms recent gains as corrective. Resistance at the 20-day EMA has been breached, however, price has remained below resistance at 0.8656, the 50-day EMA. A clear break of this average would highlight a stronger reversal. For bears, clearance of 0.8518, the Jun 19 low, would confirm a resumption of the trend.