By Peter Stoneham — Nov 13 - 02:55 AM
Monday hammer candle into bullish confirmation Tuesday
Early Wed and stalling just taking some of the heat out of the reversal
Our 0.8297 long in the money: will raise stop on a break of 0.8354, Fibo
Fourteen day momentum remains negative and RSI is pointing down
Corrective gain consolidation the likely Wednesday theme
Still see risk to the daily cloud base, currently 0.8380
EUR/GBP Trader TGM2343
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Source:
Refinitiv IFR Research/Market Commentary