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Watching $EURGBP around 0.85082
I'm keeping an eye on $EURGBP today, specifically around that 0.85082 level. If it breaks below there convincingly, I'd consider the short-term upward momentum compromised, risking a move back towards the 0.84 handle.
2 comments · 3 points
Interesting, I was thinking about the 0.8520 level as more significant. What makes 0.85082 your key point for considering momentum compromised?