Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Jun 09 - 03:55 AM

GBP/USD - In Desperate Need Of A Breakout

By Peter Stoneham  —  Jun 09 - 01:51 AM
  • A balanced market, mid-range and little indication of a near-term breakout

  • Near one-month range, 1.4083 to 1.4250: breakout could trigger a big move

  • Downside daily cloud twist, June 14, but little sign of drag on price

  • Weekly action indicates market indecision, adding to the sideways bias

  • Underlying bull run from mid-April holding but increasing downside risk

  • We stand aside for now but will monitor price at the range extremes

    For more click on FXBUZ

GBP/USD Trader:

GBP/USD daily candle chart: Click here

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved