EURGBP Meets Crucial Support Band After Six Negative Days
<p>EURGBP is trying to balance its weekly negative charge near a familiar support zone of 0.8865 and at the bottom of its seven-month old range following the pullback below its exponential moving averages (EMAs). Given former upside reversals in the region, which coincides with the 50% Fibonacci retracement of February’s rally, and the Stochastics’ bullish […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/353549-eurgbp-meets-crucial-support-band-after-six-negative-days/">EURGBP Meets Crucial Support Band After Six Negative Days</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
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