Watch for gradual upside improvement for GBPUSD
Yesterday's bullish call, as published on these pages, was modestly successful in dull trading. A late spike higher yielded our first daily and weekly objective, although this was still short of Monday's Asian high and it was not maintained.
Management and risk description
Entry: Buy in 1.2860/65 area and at 1.2836.
Stop: 1.2796 offered.
Target: 1.2905, 1.2924 and 1.2961.
Time horizon: Intraday, ending 1500 GMT.
— Edited by Robert Ryan
Non-independent investment research disclaimer applies. Read more
A compiled overview of Trade Views provided on TradingFloor.com is found here