AceTraderFx July 21: Intra-Day News and Views– GBP/USD
Intra-Day Market Moving News and Views
Update Time: 21 July 2022 05:30GMT
INTRA-DAY GBP/USD - 1.1984
Cable's intra-day decline fm 1.2037 in Europe to 1.1954 in New York afternoon due to broad-based rebound in usd and tandem with US yields suggests 1st leg of correction from July's 1.1761 trough has ended at 1.20 45 (Tuesday), below 1.1954 would head back towards 1.1926.
Sell again on recovery to 1.2000 for 1.1960 after range trading and only above 1.2020 risks 1.2037.
Intra-Day Market Moving News and Views
Update Time: 21 July 2022 05:30GMT
INTRA-DAY GBP/USD - 1.1984
Cable's intra-day decline fm 1.2037 in Europe to 1.1954 in New York afternoon due to broad-based rebound in usd and tandem with US yields suggests 1st leg of correction from July's 1.1761 trough has ended at 1.20 45 (Tuesday), below 1.1954 would head back towards 1.1926.
Sell again on recovery to 1.2000 for 1.1960 after range trading and only above 1.2020 risks 1.2037.