By Peter Stoneham — Sep 23 - 02:05 AM
New 2024 high Friday and 1.3340 now initial resistance
Positive start Monday but daily RSI is diverging on the 1.3322 high
Early action too tight to draw any firm conclusions
However, corrective pullbacks the risk with 1.3260 a minimum adj level
Strong close last week added confirmation to a hammer the previous week
Bull bias holding but with pullback risk
GBP/USD trader TGM2338
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Source:
Refinitiv IFR Research/Market Commentary