Thursday, 19 December 2024

EURGBP Bears Remain in Control

by BD Banks

EURGBP retreats after hitting resistance at 0.8325 Broader downtrend remains intact, but momentum weakens Break below 0.8225 could confirm trend continuation Rebound above 0.8450 may signal bullish trend reversal EURGBP traded lower this week, after hitting resistance near the key territory of 0.8325. Overall, the pair is trading below all three of the plotted moving […]

The post EURGBP Bears Remain in Control appeared first on Action Forex.

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