By Peter Stoneham — Dec 09 - 06:40 AM
Wed rally above Mon-Tues hammer highs: 14-day momentum confirming gains
Back to back daily hammer candles, trend high but still bullish
Dec 16 1.3079-86 cloud twist can't be ignored and could spoil bull run
Trend high, 1.3540, pivotal resistance
Mon's hammer candle low key support and tipping point
30DMA lower Bolli just ahead at 1.3243
GBP/USD Trader:
GBP/USD daily candle chart: Click here
Source:
Refinitiv IFR Research/Market Commentary