EUR/GBP Price Analysis: Bearish momentum intensifies, buyers rejected by the 20-day SMA – FXStreet

The EUR/GBP price analysis shows a strengthening bearish momentum, with buyers being pushed back by the 20-day SMA. The currency pair is facing resistance and struggling to make significant gains. The bearish trend is intensifying, indicating a potential downward movement in the near future. Traders should keep a close eye on the market developments and be prepared for further declines in the EUR/GBP exchange rate.

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