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EUR/GBP consolidates below 0.7850

FXStreet (Córdoba) - EUR/GBP is falling modestly on Tuesday ahead of a busty Wednesday in the United Kingdom. Tomorrow UK employment report will be release and the Bank of England will publish the inflation report.

The pair rose during the Asian session but found resistance below 0.7850 and turned to the downside. On European horus broke below 0.8730 and bottomed at 0.7820, reaching the lowest price since last Friday.

EUR/GBP between two key levels

Ahead of key event EUR/GBP continues to move sideways, with a strong support above 0.7800 while to the upside, the pair is having difficulties holding above 0.7850 and facing a strong resistance at 0.7860/65.

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