EUR/GBP Technical: Still Evolving in a Medium-Term Downtrend

<p>The medium-term downtrend phase of EUR/GBP in place since the 3 February 2023 high of 0.8979 remains intact. Recent price actions have staged a decline from its 28 June 2023 high of 0.8658 and reintegrated below the 20-day moving average. Watch the key short-term resistance of 0.8610 to maintain a bearish tone Since its 3 […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/508575-eur-gbp-technical-still-evolving-in-a-medium-term-downtrend/">EUR/GBP Technical: Still Evolving in a Medium-Term Downtrend</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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