By Peter Stoneham — Jan 04 - 07:15 AM
EUR/GBP set for a third consecutive bear close
EUR failing ahead of monthly-daily cloud tops
Price now clear below the 10-day moving average line, 0.8824
Underlying up-trend has been damaged
A close below 0.8784, Tues low, could seal the EUR's fate
Jan 27 0.8689-94 cloud twist could also start to attract price
Next Fibo off the 0.8548-0.8877 climb is at 0.8751
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary