EURGBP posted strong losses on Wednesday, erasing the previous gains, and returning above the 20-day simple moving average (SMA). The bias in the short-term is appearing neutral as the price failed several times to make a daily close above 0.8585. The RSI is sloping slightly upwards in the positive region; however, the MACD is losing momentum below its […]
The post EURGBP Stands Near 0.8500; Appears Somewhat Neutral in Short-Term appeared first on Action Forex.
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