Friday, October 16, 2026

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EUR/GBP bounces off 100 HMA, intraday recovery could stall there

Source: Thomson Reuters EUR/GBP bounce comes right off the 10 DMA, last at 0.7293 Pair contained by 200/100 HMAs on intraday charts at 0.7294/0.7314 last Trend indicators are bearish following 0.7385 rejection last week …

By Jay L. Zagorsky
1 min read
EUR/GBP bounces off 100 HMA, intraday recovery could stall there
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Source: Thomson Reuters


  • EUR/GBP bounce comes right off the 10 DMA, last at 0.7293

  • Pair contained by 200/100 HMAs on intraday charts at  0.7294/0.7314 last

  • Trend indicators are bearish following 0.7385 rejection last week

  • A break and close under 10 DMA is needed to bolster this view

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