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Derived real-time data in partnership with:
Thomson Reuters
May 16 - 02:36 AM
GBP/USD - Plenty Of Interest In Asia Above Pivotal 1.3460
First appeared on eFXplus on May 16 - 12:25 AM
  • -0.1% - Asia cautious after yesterday's surprise USD/UST yield bounce
  • EUR/GBP a fraction softer after short lived fresh 0.8755 low
  • Trend stalled above 1.3462, 38.2% 2017/18 climb - a base last week
  • Fall leaves neutral momentum studies, 5, 10 & 20 DMAs edge lower
  • Negative setup, but bears need a close below 1.3460 to get excited
  • Tight ranges, but plenty of interest in Asia Click here

gbp may 16 Click here

Source:
Thomson Reuters IFR Markets

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