Bears pause above the top of daily cloud after falling 1.4% last week, as risk-sensitive sterling advance on fresh risk appetite on Monday. Recovery attempts were so far limited by converged 30/55DMA’s (1.2420) as momentum remains negative on daily chart and moving averages are in bearish configuration, but oversold stochastic partially offsets pressure. Friday’s marginal close below Key Fibo support at 1.2356 (61.8% of 1.2074/1.2813) was bearish signal as daily cloud is currently thin but will start to thicken and descend further on Wednesday. Narrow consolidation before bears continue could likely near-term scenario, however, markets focus on Tuesday’s release of UK PMI data which could inflate pound on better than expected releases. Recovery needs break above 1.2500/20 zone to signal reversal and neutralize existing downside risk.
Res: 1.2420; 1.2460; 1.2501; 1.2520
Sup: 1.2356; 1.2335; 1.2304; 1.2245
Reprinted from actionforex, the copyright all reserved by the original author. #howtomasterforextrading##GBP/USD#
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.