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Oct 27 - 06:55 AM

EUR/GBP To Edge Higher As EUR/USD, GBP/USD Path Set To Diverge

By Martin Miller  —  Oct 27 - 04:40 AM
  • EUR/USD bulls need to clear thick cloud to put key Fibo in play nL1N2HI0GD

  • GBP/USD could disappear under a cloud nL1N2HI0JJ

  • EUR/GBP bulls need a daily close above 30-day moving average, now at 0.9100

  • That would accelerate gains towards 30-day upper bolli-band now at 0.9185

  • Layers of support below ahead of 100, 55-DMAs at 0.9051, 0.9066 respectively

  • Looking to exit our long early at 0.9135 obj. EUR/GBP Trader TGM2343

Daily Ichimoku Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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