By Peter Stoneham — Sep 17 - 03:30 AM
Rally off Sept. 11 1.3000 low stalling ahead of the 1.3238 Sept. 6 high
Momentum studies are neutral, RSI falling and slow stochs sharply higher
A Sept. 20 1.2829-30 cloud twist could drag on sterling
While below 1.3269, Aug. 27 and 2024 high risk is skewed to the downside
Studies are mixed, stalling seen and big levels close by
We lean slightly bearish and will monitor price action at 1.3238
GBP/USD trader TGM2338
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary