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Oct 11 - 02:55 AM

EUR/GBP - Market Indecision Creeping Into The EUR/GBP Bear Run

By Peter Stoneham  —  Oct 11 - 02:00 AM
  • Tight doji style candles continue to ask questions of the bear run

  • We are long from 0.8364 for 0.8440 with a stop at 0.8320

  • Potential turn higher supported by 10DMA, 0.8364, former trend res., 0.8352

  • Fourteen day momentum has flips strongly positive: daily RSI is flat lining

  • A break above the daily kijun line at 0.8387 needed to bolster the reversal

  • EUR/GBP Trader TGM2343

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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