Derived Data That Drive Results
By Martin Miller — Aug 26 - 04:35 AM
Growing scope for cable to climb to retest the 1.3317 Fibo
1.3317 Fibo is a 76.4% retrace of the 1.4240 to 1.0327 (2021 to 2022) drop
That after registering big gains in the last two weeks
14-week momentum remains positive, reinforcing the overall bullish market
A sustained break above 1.3317 Fibo would lead to even bigger gains
GBP/USD Trader TGM2338. Previous update nL1N3K90B8
Weekly Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
