Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Nov 13 - 02:55 AM

GBP/USD - Shorts At Risk Following Friday Hammer

By Peter Stoneham  —  Nov 13 - 01:50 AM
  • Our short stop at risk following Friday's small hammer candle (bullish)

  • Trailing stop to 1.2255 locks in profit

  • Daily cloud providing resistance at 1.2248

  • Cloud is beginning to move out sideways

  • Converging 10-50DMAs are at 1.2248-60: 10DMA set to cross above the 50DMA

  • Fourteen day momentum flips to positive, reversing Frid's drop below zero

  • Daily RSI remains neutral and flat. Will run our short to stop

    For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved