An impressive rally followed the rebound on the 23.6% Fibonacci of the upleg from 0.8489 to 0.9050, with EURGBP spiking above its simple moving averages (SMA) and the Ichimoku cloud in the four-hour chart. In the meantime, the RSI seems to be slowing down in the overbought territory, flagging that the rally is exaggerated, and therefore […]