EUR & GBP – Overbought
July 31, 2020 Leave a comment
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rob zdravevski's blog 
but now butting up against a downward trend line.
(see attached charts below)
At this juncture both currencies are overbought against the US Dollar and inversely, the USD is quite oversold.
I don’t expect them to and I’d be surprised if they trade notably above these trend lines, for the time being.
#eur #gbp #fx #currency
31 July 2020
by Rob Zdravevski
rob@karriasset.com.au