Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 05 - 06:55 AM

GBP/USD - Stalling Ahead Of A Key Area Of Resistance

By Peter Stoneham  —  Dec 05 - 04:55 AM
  • Sterling maintaining a bid tone and we have raised our long stop to entry

  • Fourteen day momentum now confirming the price rally to 1.2740

  • Daily RSI trying to lift from neutral levels

  • Resistance levels are close by including a 50% Fibo

  • The retracement level, 1.2761, is taken off the 1.3046-1.2475

  • Developing support from the 10-day moving average, today at 1.2653

  • GBP/USD trader TGM2338

    For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!