By Andrew M Spencer — Nov 19 - 09:45 PM
+0.05% in a tight but active 1.2685-1.2695 range on FX Matching
UK CPI Y/Y RTRS poll 2.2% and PPI lead GBP data - key for BoE expectations
UK's job market statistics missed nearly 1 million workers - think tank says
Nvidia results lead US event risk - possible big swings post-earnings
Charts - mixed daily momentum studies, 21-day Bollinger bands fall
5, 10 & 21-day moving averages head lower - a negative trending setup
Stalled at the 1.2616 June base - break needed soon to sustain the trend
Break above 1.2757 10 DMA and Nov 13 1.2770 top would be positive
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Source:
Refinitiv IFR Research/Market Commentary