Friday, October 16, 2026

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10 DMA at 0.7300 expected to limit EUR/GBP recovery

Source: Thomson Reuters EUR/GBP recovery likely to be capped by the 10 DMA at 0.7300 The cross slipped to 1 week 0.7250 lows earlier after breaking 100/200 HMA band Resistance reinforced by the 200 HMA at 0.7303 from the…

By Jay L. Zagorsky
1 min read
10 DMA at 0.7300 expected to limit EUR/GBP recovery
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Source: Thomson Reuters


  • EUR/GBP recovery likely to be capped by the 10 DMA at 0.7300 

  • The cross slipped to 1 week 0.7250 lows earlier after breaking 100/200 HMA band

  • Resistance reinforced by the 200 HMA at 0.7303 from the 10 DMA

  • Pair could see gains to 38.2% and 50% of 0.7015/0.7385 at 0.7244/0.7200

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By FxWirePro Team