By Peter Stoneham — Oct 24 - 05:40 AM
Pull of the underlying bear trend limiting any corrective action
Daily momentum and RSI readings not confirming recent gains
Early Thurs failure at 0.8352 puts bears back in control
Still a chance the EUR pans out sideways before dropping again
A daily trend resistance line, today at 0.8360, stands over the cross
October 18 0.829 low the key support point
EUR/GBP Trader TGM2343
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Source:
Refinitiv IFR Research/Market Commentary