Derived Data That Drive Results
By Peter Stoneham — Jul 16 - 04:55 AM
Corrective gains from over sold levels or a trend reversal?
A question that could be answered at today's close
A minimum correction off the 0.8498-0.8391 drop comes at 0.8416
Daily RSI has lifted from levels around 30 but momentum remains negative
Tempted to go long at market but won't write off the bear trend just yet
A close above 0.8416 could strengthen the direction change
EUR/GBP Trading Page TGM2343
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Source:
Refinitiv IFR Research/Market Commentary
