Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 10 - 03:55 AM

GBP/USD - Euro Sinks To August 2022 Lows Versus Sterling

By Peter Stoneham  —  Jun 10 - 02:00 AM
  • A significant bearish breakout Friday and a lows of 0.8453

  • The cross last at this level in August 2022

  • Daily RSI is already oversold after the sharp two-day decline

  • Loss consolidation likely before lower levels are seen

  • June 25 0.8576-81 cloud twist might also drag on further EUR weakness

  • We stand aside for now but will consider selling into a correction

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!