Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 22 - 08:55 AM

EUR/GBP - Bears Eye A 100% Retrace To July 14 Low

By Peter Stoneham  —  Jul 22 - 07:29 AM
  • Cloud twist met and 100DMA breached Wednesday after Tuesday 0.8669 fail

  • Daily cloud falling and provides pivotal resistance at 0.8599 base

  • 14-day momentum flipped to negative Wed and holding switch so far today

  • Set for a close below converged 10 and 21-day MAs, 0.8572-76

  • Last retrace Fibo off 0.8505-0.8669 is at 0.8544

  • We have pulled our 0.8670 offer and stand aside for now

For more click on FXBUZ

















EUR/GBP Trader:

EUR/GBP daily Ichimoku chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!