By Peter Stoneham — Jan 13 - 02:42 AM
Sterling back on course to test 1.3703 Jan high: 30DMA Bolli abv at 1.3724
14-day momentum struggles to confirm latest rise but bull advantage holding
Daily RSI also looking top heavy but not yet over bought
A buy on dips market, 10DMA at 1.3610, for high 1.37s
Little in the way of major resistance until Apr 2018 highs around 1.4370-80
Big Fibonacci level at 1.5003, 38.2% 2.0810-1.1413, an ultimate target
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Source:
Refinitiv IFR Research/Market Commentary