EUR/GBP rallied above the 100-DMA Wed but couldn't sustain upward momentum

The pullback from 0.8642 Wed high turned negative into the close

Tight early Thurs price clouding direction: daily momentum remains bearish

A monthly hammer candle (bullish) is in place for December

EUR/GBP trades above the rising 200-DMA, 0.8545

Signals are mixed so we will stand aside for now

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