EURGBP: Channel Down and 1D MA50 rejection pushing it lower.

EURGBP is neutral on its 1D technical outlook (RSI = 48.920, MACD = 0.000, ADX = 31.550) as it failed to cross over the 1D MA50 and it remains on a LH inside the Channel Down. The weakest decline upon a 1D MA50 rejection has been -1.45%. That is what we're aiming for (TP = 0.82545).


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