The EUR/GBP pair is now making a Market Maker Sell Model on the 4-Hour Chart. The pair has already broken out and is moving below 0.9121. From the technical viewpoint, the CCI (30) has been already moving below this 3 important levels: 100, 0, and -100. Besides, the price has been already moving below the MA 30. All these conditions give us a sign that EUR/GBP has been already trading under downward pressure. For now, this pair is trying to reach 0.8866 (a previous day's low). As long as this pair does not retrace upward higher than 0.8987 and the CCI does not move above the zero level, 0.8866 is likely to be broken as the nearest liquidity pool.
The overall bias of EUR/GBP is bearish.
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