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Apr 27 - 02:55 AM

GBP/USD - EUR Climbing But Sterling Casts Shadows Over The Run

By Peter Stoneham  —  Apr 27 - 01:50 AM
  • Falling daily tops but EUR clinging to a bull run

  • We are short from 0.8860 for 0.8765 with a tight 0.8885 stop

  • Daily Ichimoku cloud looks to be with price clear above

  • Cloud parameters are 0.8808 and 0.8849

  • Minimum correction off 0.8730-0.8875 climb met at 0.8741, 0.8820 the 38.2%

  • A 76.4% Fibo off the 0.8924-0.8719 drop gives resistance at 0.8876

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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