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EUR/GBP sees downside medium-term bias

Traders are short at 0.7100 for medium-term losses to 0.6700 Stop stays at 0.7250 14-day momentum is negative, showing bearish bias 10 & 30-dmas are aligned negatively with offered structure

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EUR/GBP sees downside medium-term bias
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  • Traders are short at 0.7100 for medium-term losses to 0.6700

  • Stop stays at 0.7250

  • 14-day momentum is negative, showing bearish bias

  • 10 & 30-dmas are aligned negatively with offered structure

 

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