Derived Data That Drive Results
By Martin Miller — Oct 23 - 06:00 AM
GBP/USD bias remains on the downside
The tenkan and kijun lines remain negative aligned
However, the long tail on Friday's candlestick line, warns of a base
On balance, the scope is for an eventual drop to retest October 1.2039 low
We remain short at 1.2160 in anticipation for losses to our 1.2045 target
GBP/USD Trader TGM2338
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
