Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Apr 25 - 02:55 AM

GBP/USD - Inches To Marginal New High Amidst Hard-Fought Gains

By Peter Stoneham  —  Apr 25 - 01:55 AM
  • A marginal new high for the reversal from Monday's hammer candle

  • Climb to 1.2470 allows us to raise our long stop to 1.2395 entry

  • Our target tightened to 1.2550, ahead of the 200DMA

  • Fourteen day momentum remains negative and daily RSI flattening out

  • Recent high close to market and could resist further gains

  • Will hold long for now but will monitor any test of the 1.2484-98 area

    For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved