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EUR/GBP chart - Trading View
EUR/GBP was trading 0.80% lower on the day at 0.9026 at around 14:50 GMT, outlook bearish.
The pair has broken below 200H MA and intraday technicals have turned bearish, raising scope for downside.
Momentum with the bears, Stochs and RSI are biased lower. RSI is below 50 mark.
The pair is holding support at 50-DMA at 0.9011, break below will see further weakness. Next bear target lies at 200-DMA at 0.8983.
Price action is extending downside after rejection at Wedge Top, bearish invalidation on breakout above.
