By Peter Stoneham — Nov 26 - 02:35 AM
Modest corrective gains Monday into an offered Tuesday market
Still above the 1.2475 Friday low with a consolidation look about price
A minimum adjustment off the 1.3046-1.2475 drop cleared at 1.2613
Next Fibo level, 38.2%, is at 1.2693
Down trend being tracked by the 10-day moving average, today at 1.2624
Over sold values on daily RSI and stochs warn of stronger rebound risk
GBP/USD trader TGM2338
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Source:
Refinitiv IFR Research/Market Commentary