By Peter Stoneham — Dec 06 - 02:10 AM
GBP bull run stalling at the daily kijun line, 1.2761
We are long from 1.2640 for 1.2810 with a trailing stop at 1.2675
Target is just ahead of the 200-day moving average, 1.2821
The 10-day moving average provides support at 1.2680
key support and potential reversal point at 1.2619, Dec. 2 low
Long lower weekly candle shadow backs up last week's bullish candle signal
Friday action corrective but will look for signs of a stronger pullback
GBP/USD trader TGM2338
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Source:
London Stock Exchange Group | Thomson Reuters