Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 09 - 09:55 PM

GBP/USD - Topside Failure Makes Close Key For Next Week

By Andrew M Spencer  —  Jul 09 - 07:40 PM
  • Flat and closed little changed, after a topside failure and potential top

  • Scant progress in Brexit talks - continue in Brussels next week nL8N2EG4LB

  • UK retail warns shoppers face higher prices if no EU trade deal nL8N2EG4BT

  • Techs; momentum studies climb, 5, 10 & 21 DMAs conflict - neutral setup

  • Soft close leaves a shooting star reversal signal on the daily candles

  • Close below Thur's 1.2600 low would leave 1.2668 top in place for next week

  • 1.2667-99 key resistance, upper 21 day Bolli, 76.4% June fall & 200 DMA

  • 1.2667 upper 21 day Bollinger band capped Thursday in London and NY

  • 1.2570 5 DMA first support, then 1.2486-98 10 & 21 DMAs the pivotal level

For more click on FXBUZ


gbp jul 10 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!