By Martin Miller — Aug 22 - 05:35 AM
changed "lowered" to "lower" on 4th line
Cable has edged higher on Thursday to hit a new 2024 high
Despite being in overbought territory circa the 30-day upper bollinger-band
The 30-day upper bollinger-band is currently at 1.3096
30-day lower and upper bollingers are diverging = volatile trading
Those hoping for a relapse should be mindful of positive 14-day momentum
GBP/USD Trader TGM2338. Previous update nL1N3K70AV
Source:
Refinitiv IFR Research/Market Commentary