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Derived real-time data in partnership with:
Thomson Reuters
Nov 02 - 02:36 AM
GBP/USD - What A Difference A Day Makes - 1.3044 Is Pivotal
First appeared on eFXplus on Nov 02 - 12:15 AM
  • -0.1% in Asia with moderate volume pre payrolls in a 1.2986/1.3005 range
  • EUR/GBP traded a tight 0.8768/0.8775 with only occasional interest
  • Yesterday's jump leaves positive momentum studies, 5, 10 & 20 DMAs conflict
  • Mixed signals, close above 1.3044, 61.8% Oct fall would be bullish
  • 1.2907, 38.2% of this week's bounce, then 1.2867 50% initial support
  • Earlier 1.3005 high then NY 1.3036 top first resistance

gbp2 nov 2 Click here

Source:
Thomson Reuters IFR Markets

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