EURGBP in Downtrend, Downside Move Continues

EURGBP has been in a downtrend, starting from 0.8714, and the downside move has extended to as low as 0.8600. This indicates the prevailing bearish momentum in the pair. Immediate resistance is identified at 0.8639. As long as this level holds, the downside move could be expected to continue. The next target for the pair … <a href="https://www.forexcycle.com/special-focus/137354-eurgbp-in-downtrend-downside-move-continues.html">Continue reading<span> "EURGBP in Downtrend, Downside Move Continues"</span></a>