Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 24 - 09:55 PM

GBP/USD - Bulls Still Hold The Reins, Unless 1.3680 Breaks

By Ewen Chew  —  Jan 24 - 08:54 PM
  • GBP/USD rebuilds early Mon after significant drop below 1.3700 Fri

  • Daily Bollinger uptrend channel was however kept intact

  • Base of channel now props up near 1.3680, keeping bulls in control

  • If GBP/USD closes below that support, capitulation likely follows

  • Britain likely still long way from easing lockdown nS8N2DU0AZ

  • Improvement in daily cases insufficient to let guard down nS8N2DU0B0

  • For more click on FXBUZ



Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!