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Mar 02 - 11:55 AM

EUR/GBP - Stick Or Twist In This Pivotal Week

By Peter Stoneham  —  Mar 02 - 09:46 AM
  • Fallout from last Wed's strong bull signal clouding direction

  • Tight doji candle action hinting at market indecision

  • Despite speed and magnitude of price turn the primary bear trend is holding

  • We bid by 0.8630, 0.8637 today's low, for 0.8730-40 area

  • The makings of a pivotal week as trend courts reversal risk and resumption

  • Key trigger points remain 0.8540 and 0.8730, recent price extremes

    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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