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EUR/GBP 0.7118 propped, recovery holds under 10 DMA

Source: Thomson Reuters EUR/GBP recovery holds below the 10 DMA at 0.7197 0.7118 propped and a sharp rally seen Overall bear sentiment remains as does scope to 76.4% retrace at 0.7102 Traders lower stop to make the trade…

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EUR/GBP 0.7118 propped, recovery holds under 10 DMA
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Source: Thomson Reuters


  • EUR/GBP recovery holds below the 10 DMA at 0.7197

  • 0.7118 propped and a sharp rally seen 

  • Overall bear sentiment remains as does scope to 76.4% retrace at 0.7102

  • Traders lower stop to make the trade riskless

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