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Thomson Reuters
Apr 04 - 05:00 AM
GBP/USD - Brexit Bulls Still Running And Now Above 30DMA
First appeared on eFXplus on Apr 04 - 03:00 AM
  • Bid holding on continued optimism for a soft Brexit
  • Bullish reversal signals leading into a developing trend
  • Priced is a little sticky around the converged 21 and 30DMAs, 1.3165
  • Thick and rising daily cloud supporting the rise
  • Daily momentum yet to flip bull side, still reflecting March price drop
  • Recent range high in sight, fading 1.3269 favoured

GBP/USD Trader:

GBP/USD Daily Ichimoku Chart: Click here

Source:
Thomson Reuters IFR Markets

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