By Peter Stoneham — Sep 11 - 02:55 AM
A move against the recent bear run but not a strong rebound so far
Tight ranges forming doji style candles, hint at market indecision
Price holding below the 10-day moving average, 1.3126
Fourteen day momentum marginally negative for a second day
Slow stochs are bearish but daily RSI flat at neutral levels
Bearish cloud twists on the horizon could start to drag on sterling
We lean bearish and look for better opportunities to fade GBP/USD
GBP/USD trader TGM2338
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Source:
Refinitiv IFR Research/Market Commentary