Derived Data That Drive Results
By Peter Stoneham — Aug 02 - 09:45 AM
Wed action pushing deeper into the daily Ichimoku cloud
Our 0.8615 short stop tripped on-route to a 0.8628 high
Daily RSI and 14-day momentum both confirm the rally off Tues's 0.8551 low
A 50% Fibonacci retracement level removed at 0.8623
The next retracement off the 0.8701-0.8545 drop is at 0.8641
Looking like a buy on dips to the cloud base market: base at 0.8602
We stand aside for now
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EUR/GBP Trader:
EUR/GBP daily Ichimoku chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
