Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 29 - 03:55 AM

GBP/USD - Weekly Chart Provides The Breakout Points

By Peter Stoneham  —  Jan 29 - 02:55 AM
  • Sterling continues to churn between weekly cloud top and 200WMA

  • Cloud top currently 1.2645 and average at 1.2848

  • Daily action eyes a trend resistance line, today at 1.2746

  • Daily RSI and momentum readings are neutral, weeklies marginally bullish

  • We will look to play the weekly breakout

  • Favouring a topside move above a flat lining 200WMA

    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
© 2024 eFXdata · All Rights Reserved
!