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Thomson Reuters
Jun 13 - 08:36 AM
EUR/GBP - Eyes Trend High After Bulls Deliver A Wed Hammer
First appeared on eFXplus on Jun 13 - 06:20 AM
  • Wednesday hammer within the up-trend added strength to bulls
  • Early Thurs and cross worked higher: our 0.8920 offer met
  • Counter-trend for 0.8785, by 200DMA, stop abv 30DMA upper Bolli at 0.9005
  • Overbought daily RSI edging higher and a pick up in positive momentum noted
  • This week's 0.8932 trend high initial resistance: little until 30DMA Bolli
  • Weekly just holding above a thin chimoky cloud: parameters 0.8860-0.8875

EUR/GBP Trader:

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Source:
Thomson Reuters IFR Markets

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