Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Nov 21 - 02:36 AM
GBP/USD - Asia In Wait And See Mode, As Signals Head South
First appeared on eFXplus on Nov 20 - 11:00 PM
  • Tight 1.2781/1.2788 range in Asia modest interest - EUR/GBP no trades on D3
  • Asia bemused by last week's GBP volatility and current political uncertainty
  • May off to Brussels to seal post Brexit ties, uncertainty rules nL8N1XV71Y
  • Momentum studies edge down - 5, 10 & 21 DMAs aligned to trend lower
  • Negative setup - test of major 1.2697/1.2725, Oct and Nov lows looks likely
  • Close above 1.2897, 38.2% of Nov fall would end downside bias

gbp nov 21 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
!