Thursday, October 15, 2026

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EUR/GBP back by cloud top after the 0.7315 bounce

EUR/GBP tests cloud top after the 0.7315 bounce. Offer filled by there Pair looking to retrace the 0.7132/0.7420 rally - 0.7310 38.2% first up Then 0.7276 and 0.7242. The latter is the initial target for the short trade …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/GBP tests cloud top after the 0.7315 bounce. Offer filled by there

  • Pair looking to retrace the 0.7132/0.7420 rally - 0.7310 38.2% first up

  • Then 0.7276 and 0.7242. The latter is the initial target for the short trade

  • Stop above Friday's peak at 0.7420

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