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Hello Forex Lions,
Today we are looking at EURGBP, it has been following a nice downtrend, which shows there is a lot of bearish momentum, also its very steadily moving just below the 20-50 moving averages.
I believe the downtrend will continue, unless something drastic comes out regarding fundamental news, which is very possible due to the virus. So stay low risk and enjoy the trade
Hello Forex Lions,
Today we are looking at EURGBP, it has been following a nice downtrend, which shows there is a lot of bearish momentum, also its very steadily moving just below the 20-50 moving averages.
I believe the downtrend will continue, unless something drastic comes out regarding fundamental news, which is very possible due to the virus. So stay low risk and enjoy the trade