By Martin Miller — Oct 26 - 05:00 AM
EUR/GBP fell under the 200-DMA, now at 0.8695, but failed to close below
That failure increases the odds of a eventual break above Oct 20 0.8740 high
14-day momentum is marginally positive, that reinforces the upside potential
Only a close under the 200-DMA will shift the bias back to the downside
We are looking to get long at the 0.8690 level
EUR/GBP Trading Page TGM2343. Previous update nL1N3BV0PA
Source:
Refinitiv IFR Research/Market Commentary