By Peter Stoneham — Jan 23 - 02:02 AM
• EUR/GBP attempting to drive home another bullish advantage
• The 10-day MA has crossed above the 200MA, bull signal
• Still a risk of sideways action below the 0.8473 Jan. 20 five-month high
• On any corrective pullback a minimum adjustment level is at 0.8414
• The 10 and 200-DMAs just ahead at 0.8428 and 0.8422, respectively
• We lean bullish and will monitor price on dips
• EUR/GBP Trader EUR/GBP Trader: [page:2343]
EUR/GBP daily candle chart:
(Peter Stoneham is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters