By Martin Miller — Aug 15 - 09:40 AM
Cable recently found support within the cloud that now spans 1.2698-1.2782
While the daily cloud remains intact, there is a good chance for a rise
We will likely see much bigger gains to the 1.3000 psychological level
However, bulls should be mindful of marginally negative 14-day momentum
GBP/USD Trader TGM2338. Previous update nL1N3K109Q
Source:
Refinitiv IFR Research/Market Commentary