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The EUR/GBP pair broke above the 0.8744 resistance level last week, indicating the correction from 0.8863 has completed at 0.8611. The uptrend from 0.8221 remains intact, with a bullish bias for retesting 0.8863 this week. Traders are advised to monitor the 0.8705 support level, as its hold would confirm continued upward momentum. This technical outlook is critical for forex traders assessing cross-currency pair dynamics.
