EURGBP Downtrend Resumes: Key Support Levels to Watch

After briefly flirtating with resistance, EURGBP has fallen back into its downtrend. Let’s analyze the technical picture to understand what this means for the pair’s next move. Downtrend Reinforced by Breakdown Potential Downside Targets Resistance and a Glimmer of Hope Overall Sentiment The technicals suggest that EURGBP remains within a downtrend. A breakdown below 0.8512 … Continue reading "EURGBP Downtrend Resumes: Key Support Levels to Watch"

EURGBP Downtrend Resumes: Key Support Levels to Watch
After briefly flirtating with resistance, EURGBP has fallen back into its downtrend. Let’s analyze the technical picture to understand what this means for the pair’s next move. Downtrend Reinforced by Breakdown Potential Downside Targets Resistance and a Glimmer of Hope Overall Sentiment The technicals suggest that EURGBP remains within a downtrend. A breakdown below 0.8512 … Continue reading "EURGBP Downtrend Resumes: Key Support Levels to Watch"