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Thomson Reuters
Jul 02 - 05:00 AM
GBP/USD - Early Monday Action Points To Demand Fade
First appeared on eFXplus on Jul 02 - 02:50 AM
  • A shake up of the daily chart Friday buy weeklies remain bearish
  • Upside failures likely to be a theme for the week ahead
  • 14-Day bearish momentum vies with a bull cross on stochs
  • A bear channel res. line at 1.3220 provides an offer level
  • key levels now 1.3315 and 1.3050, recent price extremes
  • Weekly cloud parameters at 1.2863 and 1.3331

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GBP/USD Daily Chart: Click here

Source:
Thomson Reuters IFR Markets

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