Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 24 - 03:55 AM

GBP/USD - Reversal Signal Struggling For Confirmation

By Peter Stoneham  —  Jan 24 - 02:15 AM
  • Saw a big figure in our 1.2430 short play but rebound now hurting

  • Break back above 1.2400 and highs of 1.2408; our stop is at entry

  • Mon: a key day reversal, higher high, lower low and close below prev. close

  • The signal needs bearish confirmation today

  • Key support now at 1.2300, 10-day moving average

  • Recent 1.2446-47 highs the resistance to watch

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

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