TipTVFinance

GBP/USD – Bulls pray for close above 1.2947

FX:GBPUSD   British Pound/U.S. Dollar
Pair’s retreat from 1.3121 (yesterday’s high) to 1.2915 levels in the NY session indicates bears remain in control and a day end close below 1.2946 (Sep 21 low) would open doors for a re-test of the post Brexit low of 1.2789.

In case, the day end close is above 1.2946, then the oversold nature of the intraday indicators could come into play on Monday and aid technical recovery, which might result in re-test of 1.3030-1.3050 area.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out