By Peter Stoneham — Oct 04 - 02:05 AM
Sterling's three-day slide halted at 1.3093 Thursday
Mild corrective action early Friday
A minimum adjustment of the 1.3434-1.3093 drop is at 1.3173
Damage to short-term 1.3003-1.3434 bull trend but longer-term trend intact
Friday risk remains skewed to the downside with studies not yet over sold
We will monitor price action on any stronger rebound
GBP/USD trader TGM2338
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Source:
Refinitiv IFR Research/Market Commentary