By Peter Stoneham — Oct 19 - 03:40 AM
EUR/GBP remains hemmed in between the 200-DMA and 100-DMA & daily cloud
The averages currently ay 0.8697 and 0.8604: cloud top at 0.8597
Daily RSI is falling and monthly RSI is near neutral
A monthly doji candle is in place for October
Daily chart leans bullish and a 200DMA breach could trigger a squeeze
Signals are mixed so we will stand aside for now
Will reevaluate on a move above 0.8704, Sept high
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Source:
Refinitiv IFR Research/Market Commentary