Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Feb 27 - 06:12 AM
EUR/GBP - Major Support Point Provides Bears With A Target
First appeared on eFXplus on Feb 27 - 03:50 AM
  • Significant breaks below daily and weekly lower Bollinger bands
  • 200WMA at 0.8371 provides a bear target: June 2016 last time below
  • Late Tues recovery from new 0.8563 21-month low but offer holding
  • A degree of supply fade and daily RSI flattens at over sold levels
  • Daily negative momentum also slowing and Stochs flatten
  • We maintain an 0.8710 offer to exploit stronger adjustments

EUR/GBP Trader:

EUR/GBP Daily Candle Chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!