EURGBP poorly postured on the charts Rejected this morning at the under-side of the channel off the 1/25 low A new swing low under 7404 looks probable in the days to follow After getting a relief rally off the 1/25 low, Euro/Sterling has turned decisively ...
Disclosure: I am/we are long EURGBP. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this ...
EURGBP almost completed 5 waves up from the lows ... 10 year US notes tured higher but only in the ABC corrective pullback. We expect stock market and the USDJPY to turn higher when we see potential highs for wave C around 132 levels since these are ...
Safehaven · 1y
While the EURUSD moved to new session highs, so too is the EURGBP. It currently trades at the 50% of the move down from last week's high at the 0.84406 (the high reached 0.8441 - see the chart above) . The 100 hour MA looms ahead at the 0.8449 level.
Nasdaq · 1y
In an earlier post, it was noted the recent moves in the EURGBP. The EURGBP had moved higher with the stock markets recent decline. Today that trend was reversed. However, as the stock market has erased its gains, it has led to a move higher in the EURGBP.
ForexLive · 2y