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Thomson Reuters
Feb 08 - 06:12 AM
GBP/USD - Betting On A Cloud Twist Test Late February
First appeared on eFXplus on Feb 08 - 04:20 AM
  • Bullish key day Thurs but rally never looked comfortable
  • Thursday's hammer needs confirmation today but lacking so far
  • Below 200DMA-200HMA risk remains for run to 1.2770-80 Feb 25 cloud twist
  • We have an offer at 1.2980, just ahead of Thurs 1.2997 high
  • Natural stop level on cls above the 1.3028 200DMA: 1.2785 target
  • Cls below 30WMA, 1.2915, likely to negate bounces: speed up cloud twist test

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Source:
Thomson Reuters IFR Markets

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