Technical Analysis – EURGBP remains bearish as recent bounce runs out of steam

EURGBP has reversed back down again after finding resistance at a four-week high of 0.9032 last week. This top is just above the 50% retracement of the downleg from August’s 8-year high of 0.9306 to September’s 3-month low of 0.8745. Momentum indicators are pointing to a neutral to negative bias in the short term with […]