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Apr 28 - 06:55 AM

GBP/USD - Looking For Range Breakout Clues

By Peter Stoneham  —  Apr 28 - 04:55 AM
  • Another swing back to the downside and leaving recent range is intact

  • A shallow bull bias but falling daily tops noted

  • Daily chart giving very little in the way of breakout clues

  • We offer by 1.2510, ahead of the Wednesday 1.2515 high

  • Daily momentum readings fairly neutral but RSI is now falling

  • Weekly action still showing a small bullish bias but risk of a rounding top

For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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