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June 2, 2025

EURGBP Poised for Upside Breakthrough Amid Strengthening Momentum

Intraday bias in EURGBP shows a mild upward trend. The recent rebound from the 0.8354 level indicates that the pair may continue to approach the 0.8458 resistance. A successful break above this level could signal further movement toward the 38.2% retracement level which stands at 0.8500, marking a significant resistance point. Keep an eye on these levels as they can provide insights into future price actions.

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