Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 14 - 04:55 AM

EUR/GBP - Long Play Survives But Vulnerable

By Peter Stoneham  —  Apr 14 - 02:55 AM
  • Wednesday close below the daily cloud bearish

  • Early Thursday bounce leaves our 0.8285 long stop intact but vulnerable

  • Hourly kijun at 0.8318 a minor squeeze point

  • Bigger upside trigger at 0.8329, daily cloud base

  • To the downside and the last Fibo off 0.8204-0.8512 is at 0.8277

  • Monthly cloud base is at 0.8254

  • We remain long for 0.8405 but will monitor up-ticks for an early exit

    For more click on FXBUZ















EUR/GBP Trader:

EUR/GBP daily Ichimoku chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!