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Sep 28 - 01:55 PM

GBP/USD - Some Bull Signs But Key Resistance Looms

By Christopher Romano  —  Sep 28 - 12:10 PM
  • GBP/USD rallies away from the 200-DMA & daily cloud base

  • It pierces the 10-DMA & daily RSI implies s-t bull momentum exists

  • 55-DMA, daily cloud top & 1.2995/1.3010 resistance loom above the market

  • Sharp pull back from day's high takes hold as bulls need a catalyst

  • Fed speakers, BOE's Bailey, Brexit talks are risks tempering bulls

  • For more click on FXBUZ




gbp/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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