EUR/GBP retraces its recent gains from the previous session, trading around 0.8530 during the European hours on Tuesday.
EUR/GBP broke below the nine-day EMA at 0.8539 level, suggesting a short-term bearish trend. The momentum indicator 14-day RSI still suggests a bullish bias for the currency cross. The 14-day EMA at 0.8520 level could act as immediate support. The daily chart analysis shows the EUR/GBP cross has broken below the nine-day Exponential Moving Average at 0.8539 level, signaling the onset of a bearish trend in the short term.
8487 level. A break below this support could suggest a confirmation of a bearish trend, potentially driving the cross toward a throwback support level at 0.8383. EUR/GBP: Daily Chart Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the weakest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.15% -0.18% 0.37% -0.04% -0.17% 0.19% 0.27% EUR -0.15% -0.32% 0.21% -0.22% -0.33% -0.47% 0.12% GBP 0.18% 0.32% 0.55% 0.
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