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Aug 14 - 07:55 AM

EUR/GBP - Chart Negative, Cross Could Collapse Under The 30-DMA

By Martin Miller  —  Aug 14 - 05:35 AM
  • EUR/GBP's upside has been stymied by the 30-day upper bollinger, at 0.8669

  • Scope is growing for a bigger slump under the 30-DMA, now comes in at 0.8593

  • A break and daily close below which will see a much bigger drop

  • The 30-day lower bollingher-band, currently at 0.8517, beckons for a test

  • 14-day momentum could flip to positive at Monday's close, bears beware

  • EUR/GBP Trading Page TGM2343

Refinitiv IFR Research/Market Commentary


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