EURGBP currency pair bounces from the upper limit of consolidation in which he found himself in this month. The last high was formed admittedly at a higher level than the last while the RSI indicator shows a lower high which gives us divergence bearish.
Price is currently near the 20-period moving average, which is part of Bollinger Bands, and if it closes below this level could lead to more landslides, where the next aim will be the lower band of the range at 0.7892.
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