EURGBP Last Line of Defense

30 ביולי 2019

Previous EURGBP analysis did not work, but still, the main resistance is holding the price. If it will reject EUR's advance against GBP for good, then I would expect to see a slow decline towards the bottom. GBP is super weak so I no longer expect a super impulsive decline, however, GBP desperately need good news and may overreact if it can find one.