EURGBP has been in a consolidation phase over the past two weeks, maintaining a foothold above the 0.8700 level and the support trendline drawn from the August low of 0.8338. The momentum indicators currently reflect a neutral-to-bearish bias. The RSI and the MACD have been gradually diminishing over the past week, with the former looking for a […]
The post EURGBP Lacks Bullish Mood; Support at 0.8700 appeared first on Action Forex.
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