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EURGBP: Potential Longs!

4hr Time Frame: Price looks like it is ranging in this market and testing a strong support zone. Reading price we can see that we are getting signs of wick rejection at this area that has reacted multiple times in the past If price manages to hold we can anticipate longs to .86300. However, if price breaks support, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.

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