Good morning traders, let’s find out how the interbank compares with the technicals at 8 AM GMT.
All three time ranges bring different results for the Euro/Dollar, which is mostly neutral in the short-term. The mid-term turns green with 5 studies, and the long-term sees 4 sell prompts. Bullish at more than 21% long, the interbank confirms the 4-hour studies.
Next up is the Cable with 4 and 5 neutral signals on its 1 and 4-hour charts, respectively. The 24-hour scale is divided between red and neutral models but, in contrast, the interbank is bearish at more than 18% short.
Dollar/Yen sees 5 and 6 sell prompts on its short and mid-term charts, respectively, whereas the long-term scale brings a mix of green and neutral signals. On the other hand, the interbank is neutral at less than 1% long, and it does not support the technicals.
5 studies point South on Pound/Yen’s hourly chart. The mid-term is split between red and neutral signals, and the daily outlook turns neutral with 6 studies, in line with the less than 6% short interbank sentiment.
And bearish models prevail on Euro/Yen’s short-term scale. The mid-term is divided between red and neutral technicals, and the long-term brings 4 buy prompts, matching the more than 18% long interbank.