EURGBP Moves Sideways After Significant Plunge

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<p>EURGBP fails to extend negative structure 20- and 200-SMAs post death cross EURGBP is stubbornly fighting the nearby 0.8555 support level for the fifth consecutive trading day, after the strong sell-off from the 0.8765 resistance. The pair is holding well below the penetrated uptrend line and the 20- and the 200-day simple moving averages (SMAs) [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530720-eurgbp-moves-sideways-after-significant-plunge/">EURGBP Moves Sideways After Significant Plunge</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>