By Peter Stoneham — Nov 14 - 03:45 AM
Wed drop possibly a partial correction of Tues correction/reversal
Cross holding to a trend reversal but lacking momentum
We are long from 0.8297 for 0.8375 with a 0.8255 stop
Fourteen day momentum is marginally negative and RSI is flat lining at 46
On top the 10DMA just capping Wed gains at 0.8345, today at 0.8346
Initial bull target 0.8354, 50% Fibo off 0.8446-0.8262
EUR/GBP Trader TGM2343
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary