Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 15 - 11:55 AM

GBP/USD - Takes A Breather Following Impressive Four-Day Run

By Peter Stoneham  —  May 15 - 09:45 AM
  • Sterling set for a fourth straight day of gains

  • A new rally high at 1.2671 but gains prove fleeting

  • Pullback to the 1.2740s looks corrective

  • A climb above 1.2700 on the cards while above 1.2585 session low

  • Close above previous significant high, 1.2634, to strengthen the bull run

  • Upside target provided by Apr. 9-10 1.2709 double day high

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!