By Peter Stoneham — Oct 11 - 03:45 AM
Doji candles are hinting at bearish indecision and rebound risk
Counter to this a Thurs close inside the daily cloud
Daily momentum readings are nearing over sold levels
A break back above the daily cloud top, 1.3073, could trigger a squeeze
Signals are mixed but corrective gains the Friday risk
We are side lined for now waiting for stronger signals
GBP/USD trader TGM2338
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Source:
Refinitiv IFR Research/Market Commentary