The EUR/GBP pair continues to show a bearish outlook as it remains in a sideways trading pattern. This means that the pair is not showing any clear direction in terms of movement. Traders are closely watching for any signs of a break in this pattern that could indicate a shift in momentum. For now, the pair is stuck in a range-bound situation, with neither the Euro nor the Pound gaining a significant advantage over the other. It will be important to monitor any developments that could potentially break this stalemate and lead to a more definitive trend in the near future.
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