EURGBP Returns to February’s Low; Caution Remains
EURGBP pulled below its 50-day simple moving average (SMA) at 0.8820, following encouraging headlines that the UK and the EU have found a new deal to replace the problematic Northern Ireland Protocol, which caused severe disagreements between the two sides. The downside correction, however, was not strong enough to violate February’s low of 0.8782, providing a ray of […] The post EURGBP Returns to February’s Low; Caution Remains appeared first on Action Forex.
EURGBP pulled below its 50-day simple moving average (SMA) at 0.8820, following encouraging headlines that the UK and the EU have found a new deal to replace the problematic Northern Ireland Protocol, which caused severe disagreements between the two sides. The downside correction, however, was not strong enough to violate February’s low of 0.8782, providing a ray of […]
The post EURGBP Returns to February’s Low; Caution Remains appeared first on Action Forex.
