![“EUR/GBP Price Analysis: Pair Struggles Towards Key 200-Day SMA”](https://marketsgonewild.com/wp-content/uploads/2025/01/EURGBP-Price-Analysis-Pair-Struggles-Towards-Key-200-Day-SMA-600x360.jpg)
“EUR/GBP Price Analysis: Pair Struggles Towards Key 200-Day SMA”
The EUR/GBP Pair: A Closer Look Introduction The EUR/GBP pair edged lower on Thursday, slipping to 0.8445 as it drifts closer to the 200-day Simple Moving Average (SMA), positioned around 0.8420. This movement has caught the attention of traders and analysts alike, sparking discussions about the potential implications for the forex market. Analysis As the…