Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Nov 06 - 03:48 AM
GBP/USD - Ichimoku Cloud Base To Cloud Top: Risk To Fibo Lvl
First appeared on eFXplus on Nov 06 - 02:15 AM
  • Friday's close below the daily cloud spoiled the ichimoku play
  • However, Monday's rebound has now extended towards the cloud top
  • Cloud top is at 1.3080 and base at 1.2979 now key support
  • Break here opens up 1.3126, 76.4% Fibo 1.3259-1.2697
  • Daily momentum yet to flip bull side and stochs threaten a bear cross
  • Flattening short to medium-term averages are flat: risk of sideways bias

GBP/USD Trader:

EUR/GBP Trader:

GBP/USD Daily Ichimoku Chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!