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Thomson Reuters
Feb 13 - 06:12 AM
GBP/USD - Attempting To Climb Out Of The Feb 8 Hole
First appeared on eFXplus on Feb 13 - 03:50 AM
  • Rebound out of Feb 8 1.3764 low now banging into the 30DMA line at 1.3876
  • Last week's swings took heat out of Feb 1 1.4279 to 1.3764 sharp decline
  • Bullish advantage but lacking confirmation: close abv 1.3902 kinsen to help
  • 14-day momentum still skewed bear side and slow stochs in bear territory
  • A shallow RSI bias also questions bullish stamina

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Source:
Thomson Reuters IFR Markets
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