Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 09 - 01:55 PM

GBP/USD - Shorts Should Be Concerned With Today's Price Action

By Christopher Romano  —  Apr 09 - 11:49 AM
  • GBP/USD drop from the April 6 peak stalls near structural support today

  • The 1.3770 area has been support since the February 5 daily low

  • A bullish daily hammer forms today after support holds once again

  • The hammer is a fairly strong short-term bullish signal

  • A correction to the 1.3840/45 or 1.3915/20 zones seems possible

  • For more click on FXBUZ





gbp/usd 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
!