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EURGBP retests 200 hour MA. Second test today.

July 20, 2020 at 07:20PM

EURGBP retests 200 hour MA. Second test today.
Near 50% retracement as well.
The EURGBP trended to the downside and the London session after failing on the break of last week’s high. The fall to the downside initially took the price back below its 100 hour moving average (blue line) currently at 0.90779, a lower upward sloping trendline at 0.9073, and the 38.2% retracement at 0.90600.

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