
Technical Snapshot: EUR/GBP Stalls in Consolidation Phase
This week, the EUR/GBP currency pair has moved sideways, reflecting indecision among traders amid increasing macroeconomic uncertainty. Technically speaking, the pair is hovering near its 20-day Simple Moving Average (SMA)—a key resistance level—suggesting that the market is awaiting a clear directional trigger. Current Support Levels: 0.8330, 0.8315, 0.8300 Current Resistance Levels: 0.8350, 0.8370, 0.8400 RSI […]