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Aug 19 - 07:55 AM

GBP/USD - Chart Points To A Big Break Above 1.3000

By Martin Miller  —  Aug 19 - 05:35 AM
  • Cable earlier in August recently found support within the cloud region

  • The cloud is rising daily and currently spans the 1.2721-1.2821 region

  • While the daily cloud underpins, expect much bigger gains through 1.3000

  • Only a break and sustained trading under the daily cloud will defer

  • GBP/USD Trader TGM2338. Previous update nL1N3K308A

Source:
Refinitiv IFR Research/Market Commentary

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