By Peter Stoneham — Aug 09 - 02:40 AM
EUR/GBP struck a three-month high Thurs then turned lower on the session
Into the close and a three-session low recorded: and reversal signal
A key day reversal: Higher high, lower low, close below previous close
Daily RSI diverged on the high and a daily inverted hammer formed
Those are encouraging signs for our 0.8585 short play
Target adjusted to just above a 61.8% Fibo level, now 0.8480
EUR/GBP Trader TGM2343
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary