Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 16 - 06:55 AM

EUR/GBP - Traders Should Load For Bear

By Jeremy Boulton  —  Nov 16 - 04:45 AM
  • Risk for a bigger EUR/GBP rise are growing

  • Brexit nearer, and a deal no nearer nL8N2I21TY

  • False break below 200-DMA likely leaves EUR/GBP short

  • Daily cloud twist at 0.9078-85 on Dec 3 now likely to attract

  • Short squeeze likely. Month-end buying to impact nL1N2HX0PB

  • 0.9025 is 38.2% drop from Sep peak, min obj for tech correction

  • 0.9076 (twist) is 50% Sep-Nov drop. Neutral point




EURGBP Ichimoku Click here

EURGBP Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!