Pound reverses sharply across the board having reached a major upside target on Cable (GBPUSD)

Intermediate
  • Elsewhere largely featureless Forex activity
  • A minor positive on the US Dollar
  • Minor EURUSD negative
  • GBPUSD major sell signal
  • GBP cross rates all show Pound negative (EURGBP, GBPJPY, GBPAUD, GBPNZD, GBPCAD)

Editor

Winner of the Technical Analysis Book of the Year 2014, Mapping Your Voyage of Discovery, Shaun Downey is a veteran of the markets and a globally recognized name in the world of Technical Analysis....continued

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