{"id":104557,"date":"2020-09-14T08:34:51","date_gmt":"2020-09-14T07:34:51","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=104557"},"modified":"2020-09-14T08:36:03","modified_gmt":"2020-09-14T07:36:03","slug":"104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\/","title":{"rendered":"EUR\/GBP Bulls against Overbought RSI, Turns Lower Ahead Of Monday Opening"},"content":{"rendered":"<ul>\n<li>EUR\/GBP bulls seek new triggers to renew buying.<\/li>\n<li>Bulls need to clear August-2019 peak before attacking yearly high.<\/li>\n<li>Bears have an immediate target near June high of 0.9210.<\/li>\n<\/ul>\n<p>EUR\/GBP is trading near 0.9240, a fall of 0.18 Percent from the earlier close, heading into the Monday&#8217;s European session. Today&#8217;s early-decline marks a U-turn from the recent highs since late March. The overbought reading in the Relative Strength Index is a significant deterrent to the uptrend in the short-term.<\/p>\n<p>Bears will try to push the pair to 23.6 Percent Fibonacci retracement of December 2019 &#8211; March 2020 upswing, near 0.9210. Below this, the bulls might find some strength to fight back near 0.9175, encompassing June peak.<\/p>\n<p>On a further down move, the bears can attack the July high of 0.9148 and 0.9070-August-high.<\/p>\n<p>Bulls, right now, need a move above 0.9300 to gain momentum before attacking August 2019 top around 0.9325. Beyond these levels, bulls will be ready to target the year high printed in March, near 0.9500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/GBP bulls seek new triggers to renew buying. Bulls need to clear August-2019 peak before attacking yearly high. Bears have an immediate target near June high of 0.9210. EUR\/GBP is trading near 0.9240, a fall of 0.18 Percent from the earlier close, heading into the Monday&#8217;s European session. Today&#8217;s early-decline marks a U-turn from the [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5565,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[2649,1730],"class_list":["post-104557","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur-gbp","tag-rsi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/GBP Bulls against Overbought RSI, Turns Lower Ahead Of Monday Opening - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"EUR\\\/GBP Bulls against Overbought RSI, Turns Lower Ahead Of Monday Opening\",\"datePublished\":\"2020-09-14T07:34:51+00:00\",\"dateModified\":\"2020-09-14T07:36:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\\\/\"},\"wordCount\":167,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100622-gbp-eur-tory-leadership-heats-up.jpg\",\"keywords\":[\"eur\\\/gbp\",\"rsi\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104271-eur-gbp-bulls-against-overbought-rsi-turns-lower-ahead-of-monday-opening\\\/\",\"name\":\"EUR\\\/GBP Bulls against Overbought RSI, Turns Lower Ahead Of Monday Opening - 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