The cross remains at the back foot on the first day of the week, after strong upside rejection left bearish daily candle with long upper shadow, signaling recovery stall and increasing pressure. Fresh bears pressure pivotal support at 0.8864 (daily Tenkan-sen/50% retracement of 0.8800/0.8928 upleg) with firm break here to confirm negative signal risk attack […]
The post EUR/GBP: Near-term Structure Weakens But Price Still Holding Above Initial Support appeared first on Action Forex.
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