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EUR/GBP: a middle-term drop is pending?

As it can be inferred from the H4-timeframe chart, the price has nicely rejected the local area of resistance highlighted on the graph. From here, we are expecting for the price to drop all the way down till the level of support (Weekly TF Higher Low) pictured on the graphic.
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Candlestick AnalysisEURGBPForexforextradinginvestroypriceactionSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend Lines
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