Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jun 27 - 09:48 PM
GBP/USD - Poised Above 2018 Low, As Signals Turn Negative
First appeared on eFXplus on Jun 27 - 08:15 PM
  • Low key start after closing -0.8% amid broad USD strength, not GBP weakness
  • EUR/GBP closed +0.1% - EU meeting - migration issue pivotal nL8N1TT3RI
  • Dip leaves neutral momentum studies, 5, 10 & 20 DMAs now edge lower
  • Net negative setup - poised above 1.3104 pivotal June trend low
  • Close below would be a strong bearish signal - next stop 1.3030 Oct/Nov base
  • 1.3200/10, 5 & 10 DMA then 1.3223 London high initial resistance

gbp jun 28 Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About Us
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!