Bearish clues:
- EUR/GBP is at the resistance of the bearish channel
- Rebound of the price on the upper band of the Bollinger Bands
- 100 exponential moving average is breaking down
- Relative Strength Index (RSI) < 50
Objective:
EUR/GBP could decrease to the 0.85200 level, which corresponds to a historical oblique bullish resistance (in green) and the support of the bearish channel.
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DISCLAIMER: This is not investment advice