EURGBP is still bearish but is currently struggling to continue the bear momentum. The bears are exhausted at this point and needs a fresh or renewed momentum to continue going down; for this to happen, one of two things must happen, or both:
very bearish news,
* or, most likely, a retracement to the upside as indicated on the chart.
In the meantime any sell signal will be ignored.
Happy Trading ______ *This information is for entertainment purposes only and shouldn't be construed as investment advice.
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Price action proves unclear at this point. Waiting on the sideline till the fog clears