EURGBP Reconsiders Its Bullish Mission

<p>EURGBP could not find enough buyers to print a new higher high above July’s peak of 0.8700 last week, pausing its latest upleg lower at 0.8668. Unfortunately, the bears are currently trying to push the price below the short-term bullish channel and the 50-day SMA, which previously prevented a drop below 0.8585. The downward trajectory in […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/514559-eurgbp-reconsiders-its-bullish-mission/">EURGBP Reconsiders Its Bullish Mission</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>