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EUR/GBP Respects Support at 0.8360; 0.8415 is Resistance

posted by Avatar FXTimes 1258 days ago in EUR, GBP, Technical made popular 1257 days ago

The bearish targets 0.8340 and 0.8250 are on hold, as the market was supported at the 0.8360 level. The 1H chart shows that this area is indeed an previous support area as well. Note however, the RSI, after barely kissing 70 in the 1H chart, broke way below 30 on the decline, let’s see if the follow-through of today’s rally can…
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