The USD has been resilient since last week. The GBP is finding strength as well after the BoE meeting minutes leaned had a hawkish tone in terms of inflation. Subsequently, the EUR/USD and EUR/GBP are both showing bearish continuation price action towards key support levels.
EUR/USD 1H Chart 5/20 eurusd 1h chart 5/20 (click to enlarge)
In the 1H EUR/USD chart, we can see that price respected a short-term falling trendline as resistance. Then a […]
