Technical Analysis – EURGBP uptrend pauses for breath
EURGBP recorded a steep rally in recent weeks to touch the 0.9325 area, before retreating somewhat. The price structure on the daily chart consists of higher highs and higher lows, while the 50-day simple moving average (SMA) has also crossed above the 200-day one, keeping the outlook positive overall. Momentum oscillators, however, suggest that the […]