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EURGBP rose in early Thursday’s trading, adding to initial signal of formation of reversal pattern on the daily chart, after Wednesday’s action ended in long-legged Doji candle, signaling indecision. Oversold studies contributed to fresh profit-taking, though 14-d momentum is still in negative territory, signaling that underlying bears remain firmly in play for now. Fresh gains […]

The post EUR/GBP: Initial Reversal Signals Need More Work at the Upside for Validation appeared first on Action Forex.

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22/12/2023

Yen Steady as Japanese Inflation Dips

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