EURGBP Chart Technical Outlook

EURGBP Chart Technical Outlook is range bound for two weeks in a broader bearish trend. The recent PMI data from the UK pressured GBP, and tomorrow, the UK CPI is scheduled with an expected cooling print.
I expect an initial rally ahead of the inflation data to be capped at 0.8730, and further price action will depend on the outcome of that data tomorrow. Supports are located at 0.8685 and 0.8660

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