By Peter Stoneham — Apr 21 - 02:40 AM
Sterling's recovery from 1.2353 Apr. 17 low stalling badly
Doji candles hint at market indecision with a top at 1.2474
Tight price action now clouding direction
Initial support at 1.2403, 21-day moving average
Apr. 17 low a potential trigger point
Next big level at 1.2275, Apr. 3 low
Apr. 27 1.2124-26 Ichimoku cloud twist could be pivotal
We are side lined for now
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary