Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 08 - 09:55 PM

GBP/USD - Topside Progress Extends - 1.2778 Next Stop

By Andrew M Spencer  —  Jun 08 - 08:05 PM
  • +0.1% after closing up 0.45%, as the USD led uptrend continues

  • Online shopping led to a smaller drop in annual retail sales nL9N21C033

  • UK and Japan aim for free trade deal this year, as talks begin nL8N2DL4EN

  • Charts, momentum studies, 5, 10 & 21 DMAs trend north - bullish setup

  • 1.2751 rising 21 day Bollinger band suggests buying dips not breaks

  • Next stop is 1.2778, 76.4% March fall, then 1.3020, 76.4% Dec/Mar fall

  • London 1.2629 low and 1.2751 upper 21 day Bolli initial support-resistance

gbp jun 9 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!