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Intraday SMA cross seen on EUR/GBP

A new leg up in EUR/GBP bolstered its 100 hourly SMA to cross above the 200 period one.

While this intraday “Golden Cross” doesn't assure the recent correction is done and dusted, the low prices printed on hourly charts are at a converging distance to the SMA cross. This price level could be used as a technical hotspot by many EUR/GBP traders. The risk scenario is set once a close beyond the 200 SMA is printed.

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US Dollar corrects lower to 95.30, Fedspeak eyed

The greenback, tracked by the US Dollar Index, has opened the week on a soft note around the 95.30 region. US Dollar focus on Fedspeak After last Fr
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