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Nov 03 - 07:55 AM

GBP/USD - Euro Topside Breakout Versus Broadly Weaker Sterling

By Peter Stoneham  —  Nov 03 - 05:45 AM
  • Topside break from short-term range and our long performing

  • Stop raised to 0.8585 entry and target is at 0.8750

  • 14-day remains negative but poised to confirm latest price lift

  • Close above the 10DMA line, 0.8654, to strengthen the bull move

  • A minimum correction off the 0.9260-0.8573 drop comes at 0.8735

    For more click on FXBUZ















Source:
Refinitiv IFR Research/Market Commentary

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