Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Nov 17 - 02:55 AM

GBP/USD Market Indecision A Threat To Sterling Shorts

By Peter Stoneham  —  Nov 17 - 01:55 AM
  • Indecision creeping into the bear market and our 1.2482 short at risk

  • A Doji candle Thursday, long upper and lower shadows, a concern

  • Fourteen day momentum remains negative, adding to upside risk

  • Daily cloud top and 50DMA on top, 1.2428-1.2444

  • Weekly has long upper shadow but still a strong bull candle

  • May have seen the low but will run our short to stop

    For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved