By Peter Stoneham — Nov 27 - 02:10 AM
Market looks set to idle into the weekend with bull continuation potential
Uptrend from Nov 12 could benefit from a period of gain consolidation
New trend high Thurs at 1.3399: 30DMA upper Bolli above at 1.3439
Big levels-targets at 1.3481 and 1.3516, 2020 high and Dec 2019 peak
Thurs 1.3322 low potential tipping point but backed by 10DMA at 1.3307
Weekly action strong and monthlies break clear inside Ichimoku cloud
We offer by 1.3475 for a 1.3481 rejection: tight stop likely
GBP/USD Trader:
GBP/USD daily candle chart: Click here
Source:
Refinitiv IFR Research/Market Commentary