EURGBP Heads Lower; Support at 20-day SMA

<p><img width="416" height="261" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-eur-gbp3-e1600272819744.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>EURGBP extends its pullback from 4-month high Mildly bearish bias in the near term But plenty of support at 20-day SMA and uptrend line EURGBP has been gradually edging lower after scaling a four-month high in late September. The momentum indicators are mixed as the RSI has flatlined slightly above the 50-neutral level but the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/521622-eurgbp-heads-lower-support-at-20-day-sma/">EURGBP Heads Lower; Support at 20-day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>