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EUR/GBP Technical: Short-term downtrend intact
EUR/GBP has continued to trade lower, now at 0.8520, its lowest level since Aug 2022 ahead of UK inflation data (Wed,21 Jun) & BoE monetary policy decision (Thurs, 22 Jun). Short-term downtrend for EUR/GBP remains intact since the 26 Apr high of 0.8875. Key short-term resistance to watch will be at 0.8580 to maintain bearish […]...
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Posted: Jun 19 2023, 10:44
Author Name: marketpulse
Views: 081119