By Peter Stoneham — Jan 06 - 02:17 AM
Monday's bearish key day signal failing to draw confirmation
Potential back to back up days puts underlying bull trend back on track
Trend high at 1.3703 initial resistance as early Wed squeeze builds
14-day bull momentum positive and RSI rising
Weekly momentum, barring one week, positive since June: bullish
A buy on dips market but we await next signal
GBP/USD Trader:
GBP/USD daily candle chart: Click here
Source:
Refinitiv IFR Research/Market Commentary