Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Nov 20 - 08:36 PM
GBP/USD - May's Support Grows, But Negative Signals Build
First appeared on eFXplus on Nov 20 - 06:55 PM
  • Flat early after closing -0.5%, led by broad USD risk off strength
  • Polls show voters support for May firming - UK Times Click here

  • BoE's Carney spelt out the negative impact of a no deal Brexit nL8N1XV1V5
  • Fall leaves momentum studies slipping - 5, 10 & 21 DMAs set to trend lower
  • Three days of consolidation, but the negative signals are building
  • Test of major 1.2697/1.2725, October and November lows looks likely
  • Close above 1.2897, 38.2% of Nov fall would end downside bias

gbp nov 21 Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!