Technical Analysis – EURGBP creeps sideways below limiting 200-MA

EURGBP is currently attempting to jump above the heavy 200-period simple moving average (SMA), which has kept the deterioration of the pair alive. The SMAs are somewhat all flat for now, reflecting the neutral tone of the pair, but a bearish cross of the 200-period SMA by the 100-period one may revive negative tendencies. The […]