<\/p>\n
\n Share:<\/span><\/p>\n On Thursday’s session, the EUR\/GBP<\/a> was found to be declining towards 0.8700,\u00a0 seeing 0.15% losses. On the daily chart, sellers are firmly in charge, with the bears steadily gaining ground. However, according to the four-hour chart<\/a>, selling momentum appears to have slowed down, suggesting that the bulls may step in time.<\/p>\n The downward trend of the Relative Strength Index (RSI) in negative territory raises a red flag, suggesting a strengthening bearish momentum as well as the rising red bars of the Moving Average Convergence Divergence (MACD). Simultaneously, the pair is trading in a limbo state between the Simple Moving Averages (SMAs). It resides under the 20-day SMA, indicating bearish pressure in the short run, while lofting above the 100 and 200-day SMAs, pointing to a bullish bias on a broader scope. This split profile insinuates that although bears have gained ground, the bulls remain dominant in the overall trend.<\/p>\n Zooming in, the four-hour chart\u2019s RSI is flatlining in negative territory, hinting at the exhaustion of selling pressure. Furthermore, the MACD accentuates this impression by displaying flat red bars, indicating limited bearish momentum.\u00a0<\/p>\n Support Levels: 0.8680 (200-day SMA), 0.8650, 0.8600. \u00a0<\/p>\n<\/p>\n \u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Share: EUR\/GBP gravitates around 0.8700, seeing losses of 0.15%.\u00a0 The daily chart signals a bearish bias, while the four-hour chart indicators imply a temporary selling momentum pause. On Thursday’s session, the EUR\/GBP was found to be declining towards 0.8700,\u00a0 seeing 0.15% losses. On the daily chart, sellers are firmly in charge, with the bears steadily […]<\/p>\n","protected":false},"author":2,"featured_media":47143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,298,257,276,927,255,250,252,247,253,249,256,254],"class_list":["post-199551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-crosses","tag-cryptocurrency","tag-currencies","tag-eurgbp","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=199551"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199551\/revisions"}],"predecessor-version":[{"id":199553,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199551\/revisions\/199553"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/47143"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=199551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=199551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=199551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Resistance Levels: 0.8715 (20-day SMA), 0.8750, 0.8800.<\/p>\nEUR\/GBP daily chart<\/h2>\n