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Sep 20 - 05:55 AM

GBP/USD - New 2024 High And Looking To Early 2022 Levels

By Peter Stoneham  —  Sep 20 - 03:40 AM
  • Constructive daily and weekly charts but both time frames nearing o/b

  • New highs for the year at 1.3340

  • Looking to early 2022 levels around 1.3600-1.3750

  • Weekly hammer candle and bounce off the 10-WMA into strong gains this week

  • The average now supporting at 1.3021

  • Looking for corrective action within the weekly up-trend early next week

  • GBP/USD trader TGM2338

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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