EUR/GBP is currently in a downtrend, with the next downside target set at the June 14 low. The trend is expected to continue lower until it reaches 0.8398. The daily chart shows a bearish trend after a break below the trendline in late May. If the pair breaks below 0.8414, it could confirm a decline towards 0.8398. Any potential bounce at this support level may be short-lived, with the risk of the pair going even lower after a temporary pullback.
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