EUR/GBP: Steep Fall Extends Below Thick Daily Ichimoku Cloud

<p><img width="612" height="368" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-gbp9-e1600273160614.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-gbp9-e1600273160614.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-gbp9-e1600273160614-600×361.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURGBP continues to trend south and hit new 3 ½ month low on Friday, in extension of steep and uninterrupted downtrend from 0.8765 (Nov 16 peak). The pair is on track to complete the second week of heavy losses, after November’s close in red marked the biggest monthly loss since May. Fresh signals that the [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/529892-eur-gbp-steep-fall-extends-below-thick-daily-ichimoku-cloud/">EUR/GBP: Steep Fall Extends Below Thick Daily Ichimoku Cloud</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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