EURGBP continues its descending trend and has yet to break its series of successive lower lows as negative forces linger. Moreover, the pair is trading well below the 50- and 200-day simple moving averages (SMAs), maintaining an overall bearish outlook. Short-term momentum indicators are reflecting a negative bias as the RSI is located below its […]
The post EURGBP Downtrend Continues as Bearish Forces Linger appeared first on Action Forex.
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