EUR/GBP D1 chart downtrend has gradually formed. The trend line currently formed in the chart has been broken and the trend has turned bearish. The SAR indicator has continued to form above the chart for several days, and the distance from the price is very large to further push the price down. ADX indicator -DI has also broken above +DI.
The 200MA on the H1 chart is above the price and the trend is biased towards bearishness. The RSI indicator also went below 40, which can be slightly bearish. The ADX indicator bears momentum is very strong and the -DI is above the +DI.
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