Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Oct 26 - 07:24 AM
GBP/USD - Dailies Stall But Weeklies Significantly Bearish
First appeared on eFXplus on Oct 26 - 04:55 AM
  • Below lower 30DMA Bolli hinting at adjustment risk on dailies
  • Weeklies significantly bearish and target Jun and 2018 1.2662 lows
  • Still heavily bear biased and any pullback to provide better sell levels
  • Could fade the daily Bolli, 1.2855, but might be too close to market
  • Offer ahead of the daily cloud base, 1.2979, more viable
  • Daily stochs not confirming latest drop and bear momentum has slowed

GBP/USD Trader:

EUR/GBP Trader:

GBP/USD Daily Chart: 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
!