Technical Analysis – EURGBP still holding in bearish channel; ready to hit lower band near 0.8685

EURGBP is edging sharply lower over the last few hours, recording a five-week low near the 0.8745 price level. It is worth mentioning that the pair has been consolidating in a downward sloping channel since September 2017. The neutral to bearish picture in the medium term looks to last for a while longer after prices failed to break […]