Derived Data That Drive Results
By Jeremy Boulton — Oct 02 - 03:45 AM
GBP/USD is overbought and in need of a correction
Traders are gambling heavily on a bigger rise
There is a strong chance pair returns to neutral ground
Centre of 20-month Bollingers is 1.2686
The target for a minor pullback is 1.2707 - 23.6% 2022-2024 rise
FX traders badly positioned for escalation in Middle East conflict
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary
