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Jun 14 - 04:55 AM

EUR/GBP - New 2022 High Needed To Cement The Bull Run

By Peter Stoneham  —  Jun 14 - 03:50 AM
  • Another push above a trend resistance line, 0.8576

  • Need a close above the 2022 0.8618 high to bolster the bull run

  • A jump in 14-day positive momentum confirming the latest price lift

  • Bull run just being held back by the 30DMA upper Bolli at 0.8602

  • Our 0.8510 long is in play with a raised 0.8530 stop and 0.8705 target

  • A climb through 0.8618 2022 high will see the stop raised again

    For more click on FXBUZ
















EUR/GBP Trader:

EUR/GBP daily candle chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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