Derived Data That Drive Results
By Martin Miller — Apr 04 - 05:35 AM
Negative signal after cable closed under the 1.3166 Fibo at the end of March
1.3166 Fibo is a 38.2% retrace of 1.1413 to 1.4250 (2020 to 2021) rise
Bearish outlook is being reinforced by 14-mth momentum that is negative
Good chance for a fall to test the 30-day lower bollinger-band now at 1.2926
GBP/USD Trader TGM2338 Related seasonality comment nL2N2VY0TT
![]()
Monthly Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
