EUR/GBP Price Analysis: Bearish outlook persists as pair flirts with 0.8400 – FXStreet
The EUR/GBP pair continues to show a bearish outlook as it hovers around the 0.8400 level. The pair is struggling to gain momentum and remains under pressure. Traders are closely watching the price action to see if the pair can break below the key support level.
The EUR/GBP pair has been facing selling pressure in recent sessions, with the pair struggling to make any significant gains. The bearish trend is likely to persist as long as the pair remains below the 0.8400 level. Traders should be cautious and monitor the price action closely for any potential breakouts.
Overall, the outlook for the EUR/GBP pair remains bearish as it continues to flirt with the 0.8400 level. Traders should be prepared for further downside movement and should consider their risk management strategies carefully.