EUR/GBP Technical: Short-Term Relative Weakness of EUR Reasserts Against GBP

<p><img width="612" height="344" src="https://www.actionforex.com/wp-content/uploads/2022/01/f-eur-gbp15.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/01/f-eur-gbp15.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/01/f-eur-gbp15-600×337.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/01/f-eur-gbp15-150×84.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/01/f-eur-gbp15-300×169.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Persistent underperformance of the EUR against GBP as the EUR/GBP cross pair reintegrated below the 200-day moving average. The hourly RSI momentum indicator of EUR/GBP has flashed out a bearish momentum condition. Watch the 0.8615 key short-term resistance with intermediate supports coming in at 0.8550 and 0.8500. In the long term, the EUR/GBP cross pair […]</p>
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