Thursday, October 15, 2026

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EUR/GBP sees scope beyond 0.7235

The bear trend will run further Overall scope to 0.6654 fibo retrace Lowered the offer with the downticking 10 DMA, at 0.7295 today Lower recovery highs seen (0.7301 Mon, 0.7289 Tues, 0.7280 Wed) 0.7235 was the trend low…

By Meredith J C Warren
1 min read
EUR/GBP sees scope beyond 0.7235
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  • The bear trend will run further

  • Overall scope to 0.6654 fibo retrace

  • Lowered the offer with the downticking 10 DMA, at 0.7295 today

  • Lower recovery highs seen (0.7301 Mon, 0.7289 Tues, 0.7280 Wed)

  • 0.7235 was the trend low from Monday. 0.7237 Wed's base

 

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By FxWirePro Team