Depressed EUR/GBP falls below key SMA

EUR/GBP has just crossed below its 200-hour SMA. The last such price-indicator cross has been registered at least over a week ago on this time frame, accentuating its significance.

Traders maintaining a downside bias, extend their projections to the 800-SMA, which corresponds to the 200-SMA on 4hr charts.

Depressed EUR/GBP falls below key SMA

(Market News Provided by FXstreet)