Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 19 - 03:55 AM

GBP/USD - Trend Break Reversal Gaining Momentum

By Peter Stoneham  —  Apr 19 - 02:28 AM
  • Holding the bid Monday and threatening a cloud break

  • Increased 14-day bull momentum and RSI rising

  • Cloud parameters at 1.3845-1.3929

  • Bull run targets a May 5 cloud twist, 1.3885-1.3903

  • Daily trend resistance now support at 1.3828

  • Weekly price trying to buck the Feb-Apr bear trend

  • Break above 1.3919 needed to cement a reversal

    For more click on FXBUZ
















GBP/USD Trader:

GBP/USD daily ichimoku chart: 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
© 2021 eFXdata · All Rights Reserved
!