Determining Direction For Cable

- By FX Markets Staff
- @FXMarkets_
- 07 Aug 2000

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Craig Ferguson, head of technical analysis at JP Morgan, looks at GBP/USD and the technical tools best suited for determining its short- and long-term direction

Price action in the pound over the last three months since the late May lows at 1.4660 has been punctuated not only by a strong rally from those lows towards the 1.5315 area, but also by a protracted range trade between that high and the 1.4850 level. The low end of that range was again tested in the last few days, the fifth time since

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com