Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 30 - 02:36 PM
GBP/USD - Year-End Rebound Stumbles Above 1.3135 Fibo Hurdle
First appeared on eFXplus on Dec 30 - 01:05 PM
  • Cable climbed to 1.3150, above 38.2% if Dec. 13-26 drop at 1.3135

  • Move up amid broader USD slide on trade deal, growth hopes nL1N2940B6

  • Off the highs after profit-taking hits G-7 stocks and bonds

  • Weekly tenkan at 1.3143 looks pivotal at week's end

  • Far fewer IMM shorts left to squeeze than at start of December

Chart: Click here

Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!