EURGBP has adopted a softer negative trajectory since January 5, something also being reflected in the calmed slope of the 50-period simple moving average (SMA). Nonetheless, the longer-term SMAs continue to defend the bearish trend in the pair. The short-term oscillators are indicating a minor increase in positive momentum, which could prolong the consolidation in […]
The post EURGBP Buyers Offset Fresh Dip, But Downside Risks Remain appeared first on Action Forex.
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