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Jan 14 - 06:55 AM

EUR/GBP - Indecision Cancels Out Thursday Bull Signal

By Peter Stoneham  —  Jan 14 - 05:05 AM
  • Unable to push below its consolidation lows and tries to lift

  • Hammer candle Thurs but could struggle to gain confirmation

  • Short-term studies suggest oversold conditions but rebounds modest at best

  • Will take a move above 0.8390 to shake the bear market

  • A minimum correction off the 0.8598-0.8323 drop comes at 0.8388

  • Weeklies also holding promise for bulls: showing bearish indecision

    For more click on FXBUZ

EUR/GBP Trader:

EUR/GBP daily candle chart: Click here

Refinitiv IFR Research/Market Commentary


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