By Peter Stoneham — Dec 11 - 04:40 AM
Had been looking for better levels to fade the cross
Might see a squeeze before the week is out but for now the offer holds
Pretty much a straight line decline has left us side lined
The drop to 0.8355 has left the 10DMA behind at 0.8284
The average now beginning to define the bear trend again
Despite the strength of the move we are reluctant to sell at market
Daily studies are confirming the price drop but beginning to look stretched
EUR/GBP Trader TGM2343
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Source:
London Stock Exchange Group | Thomson Reuters