Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Sep 18 - 05:55 AM

GBP/USD - Euro Rally Versus Sterling Could Be Losing Momentum

By Peter Stoneham  —  Sep 18 - 03:40 AM
  • Strong Friday rebound put our 0.8591 short at risk

  • Early Monday and the cross looks to be contained

  • Fourteen day momentum reading is positive but fading

  • Daily RSI flat lining at high levels

  • Falling daily tops and slight cloud widening add to bearish risk

  • Our buy stop is at 0.8635, just above the Sept. 13 high

  • Stall points close to mkt: 0.8609-0.8614 100DMA and cloud top, respectively

  • We need a close below 0.8606 daily cloud base to bolster our bear trade

    For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved