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European markets ended sharply lower on Thursday as stocks plunged due to a heavy sell-off as worries about the impact of the coronavirus pandemic mounted after data showed a sharp contraction in U.S. GDP, and on the Federal Reserve's weak outlook for the economy. A slew of disappointing earnings

EUR/GBP carved a bearish candlestick pattern on Tuesday. A move above 0.9140 is needed to invalidate bearish pressures.  On Tuesday, EUR/GBP fell by over 0.70% from 0.9135 to 0.9160, forming a bearish marubozu candle, which comprises of big red body and little or no wicks.  The bearish marubozu val