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Nov 15 - 02:55 AM

EUR/GBP - Hits The Buffers After Failed Cloud Breach

By Peter Stoneham  —  Nov 15 - 01:55 AM
  • Alarm bells ringing following another failure inside the daily cloud

  • Profits locked on our 0.8722 long but we may have to revise the target

  • The 38.2% Fibo at 0.8835 is increasing in significance

  • Daily momentum readings are still supportive

  • Faster daily averages are bullishly aligned

  • A close above 0.8800, cloud base, needed to bolster the bullish outlook

    For more click on FXBUZ
















Source:
Refinitiv IFR Research/Market Commentary

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