Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 24 - 03:55 AM

GBP/USD Mixed Signals Could Drag On Sterling Recovery

By Peter Stoneham  —  Apr 24 - 02:45 AM
  • Monday hammer candle (bullish) into strong Tuesday confirmation

  • Our long play just on-side and stop raised

  • Sticky price action early Wednesday and risk of pullbacks

  • Fibo levels taken off 1.2893-1.2299 drop are at 1.2526 and 1.2596

  • Fourteen day momentum still reflecting recent sharp losses

  • Daily RSI showing signs of bearish divergence

  • Will hold long for now but today's close now key

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!