Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Oct 30 - 02:36 AM
GBP/USD - Bid, As Risk Recovers And JPY Crosses Support
First appeared on eFXplus on Oct 30 - 12:15 AM
  • +0.15% - risk on - higher local stocks & JPY crosses, E-mini S&P +0.5%
  • GBP at top of a 1.2792/1.2812 range, modest flow - EUR/GBP steady at 0.8885
  • Neutral momentum studies, 5, 10 & 21 DMAs head lower - bearish setup
  • Targets a break of Friday's 1.2777 trend low, then 1.2662 August & 2018 base
  • 1.2826 5 DMA capped last week - 1.2927 10 DMA shapes up as topside pivot
  • Earlier 1.2792 low & 1.286 falling 5 DMA initial support/resistance

gbp2 oct 30 Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!