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EUR/GBP rebound capped by 200 HMA at 0.7411

Source: Thomson Reuters EUR/GBP intraday stalls at 0.7358, bearish risk still remains Rebound capped by 200 HMA at 0.7411 Pair eyes the 2008 low at 0.7321 below the 0.7348 Scope to 0.7256 long-term fibo beyond there 0.72…

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EUR/GBP rebound capped by 200 HMA at 0.7411
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Source: Thomson Reuters


  • EUR/GBP intraday stalls at 0.7358, bearish risk still remains 

  • Rebound capped by 200 HMA at 0.7411 

  • Pair eyes the 2008 low at 0.7321 below the 0.7348 

  • Scope to 0.7256 long-term fibo beyond there

  • 0.7256 is 61.8% of 0.5681 - 0.9805 life low to high move 

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