By Martin Miller — Oct 25 - 04:50 AM
EUR/GBP on Tuesday slipped under the 200-DMA, currently at 0.8695
But it failed to register a daily close below the 200-DMA at Tuesday's close
That failure keeps the overall bias on the upside
The scope grows for an eventual break above October 20 0.8740 high
14-day momentum is marginally positive, that reinforces the upside potential
A daily close under the 200-DMA is needed to defer
EUR/GBP Trading Page TGM2343. Previous update nL1N3BU0P5
Source:
Refinitiv IFR Research/Market Commentary