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Oct 26 - 06:55 AM

EUR/GBP Chart Bullish As EUR/USD, GBP/USD Looks Set To Diverge

By Martin Miller  —  Oct 26 - 04:55 AM
  • EUR/USD could hit a major Fibo above nL1N2HG0NL

  • GBP/USD's "bull trap", "cloud twist" are negative nL1N2HH0C9

  • EUR/GBP bulls need a daily close above 30-day moving average, now at 0.9104

  • That would accelerate gains towards 30-day upper bolli-band now at 0.9194

  • Layers of support below ahead of 100, 55-DMAs at 0.9049, 0.9065 respectively

  • We are long at 0.9150 for an adjusted 0.9190 obj. EUR/GBP Trader TGM2343

Daily Bollinger Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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