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December 2, 2024

EUR/GBP Declines: Are We Heading Towards a Steeper Downtrend?

The EUR/GBP pair has decreased by 0.4% today, testing the waters below the 0.8300 mark once again. Although this level was approached last month, a firm break did not occur at that time. Traders could be eyeing further declines as the year winds down. This situation presents new trading opportunities, with market participants looking to strategize based on potential outcomes. Keeping an eye on key technical levels will help traders navigate this sudden shift in momentum.

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