GBP/USD testing, bouncing and closing above the 1.5880-30 area targeted by Trader, suggests strong demand in that area, says the bank. However, while the old-range lows near 1.6080-1.61 cap the rate and momentum lacks a bullish divergence signal, a move on the October low of 1.5710 could be seen later in the week. GBP/USD now at 1.5916.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment