EURO is trying to recover slightly against GBP, but there are no evident moves from Euro to show some bullish channel. Please find the analysis on EURGBP daily chart,

As the price action suggests, this pair may recover and trade above 0.7086 which will allow it to extend the bullish run near to 50 SMA or 0.72. Else, in another case it may form a double bottom which may lead the bearish channel and touch the 0.68 mark.

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