Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 13 - 04:55 AM

GBP/USD - Setting Course For Major Retracement Level

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

    For more click on FXBUZ

















GBP/USD Trader:

GBP/USD daily candle 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
!