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Nov 03 - 11:55 AM

GBP/USD - Euro Racing As Sterling Dives After BoE News

By Peter Stoneham  —  Nov 03 - 09:50 AM
  • Impressive rally now approaching a minimum correction level

  • The 23.6% Fibo off the 0.9260-0.8573 drop comes at 0.8735

  • We have decided to raise both stop and target on our 0.8585 long

  • Target now 0.8775 and stop locking profit in at 0.8645

  • With a cloud twist at 0.8821-25 Nov. 21 there could be scope to go higher

    For more click on FXBUZ
















Source:
Refinitiv IFR Research/Market Commentary

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