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Thomson Reuters
Jan 14 - 06:12 AM
EUR/GBP - Supply Fade After Biggest Points Drop Since 2017
First appeared on eFXplus on Jan 14 - 03:15 AM
  • Took a bite out of Frid's largest one day points drop since Sept 2017
  • Our 0.9060 short covered at 0.8930, Friday low 0.8923
  • A new 2014 low recorded early Monday at 0.8995
  • Corrective bounce now in motion and challenging Jan 4 0.8946 low
  • Looking to sell again at 0.9060 for return to low 0.89s
  • Converged 10-30DMAs likely key today, 0.8986

EUR/GBP Trader:

EUR/GBP Daily Candle Chart: Click here

Source:
Thomson Reuters IFR Markets

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