Derived Data That Drive Results
By Peter Stoneham — Jul 29 - 05:50 AM
Breach of 10-day moving average extends to 0.8459, a pip shy of the cloud
The daily cloud, 0.8460-0.8520 now the major barrier for the EUR
A 76.4% Fibo retracement level at 0.7471 also presents a challenge
Daily RSI is rising and fourteen day momentum poised to flip positive
Look for the 10-DMA to provide support on dips
We lean bullish but are side lined for now
EUR/GBP Trader TGM2343
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EUR/GBP Trader:
EUR/GBP daily candle chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
