fxstreet.com 03 Feb, 2021 11:15 am

EUR/GBP to extend the downfall towards 0.8609 – Credit Suisse

EUR/GBP to extend the downfall towards 0.8609 – Credit Suisse
The EUR/GBP pair has confirmed a large bearish “head & shoulders” top below 0.8861, turning the core trend lower for an eventual fall to 0.8609, the C

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8871/61, the key series of price and highs lows seen through 2020 and with resistance from the 13-day exponential average still capping, now seen at 0.8862 now ideally capping to keep the immediate risk lower.

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