By Peter Stoneham — Oct 21 - 04:45 AM
Sterling continues to struggle below the 10DMA, today at 1.3051
The average has contained on a closing basis since the Oct. 1 breakdown
The daily cloud top is just above the average, at 1.3064
Bears on control while below 1.3103, the Oct. 15 high
For support the daily cloud base and 100DMA, 1.2967-1.2961, respectively
We offer by the cloud top for a run under 1.2975
GBP/USD trader TGM2338
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Source:
Refinitiv IFR Research/Market Commentary