Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 22 - 07:55 AM

GBP/USD - Dip Buyers Still In The Game

By Peter Stoneham  —  Jan 22 - 06:30 AM
  • Sterling snaps a four-day bull run and forms a bear signal

  • Candlestick harami, inside day real body, can warn of a reversal

  • Thurs action did manage to close above 1.3700 after repeated failures

  • While above 10DMA, 1.3627, will view current pullback as corrective

  • Major tipping point a way off at 1.3522, Jan 18 low

  • We bid by 1.3540 but will be alert to stronger reversal signals

    For more click on FXBUZ
















GBP/USD Trader:

GBP/USD daily candle 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
© 2021 eFXdata · All Rights Reserved
!