Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jul 09 - 11:00 PM
GBP/USD, GBP/JPY Bouncing After Cabinet To-Do
First appeared on eFXplus on Jul 09 - 09:10 PM

  • GBP/USD off to 1.3189, GBP/JPY to 146.06 post-UK Cabinet to-do.
  • Resignations of key ministers since taken in stride, both bouncing.
  • Cable to 1.3270 late New York, cross still bouncing, to 147.17.
  • Early Asia GBP/JPY low 146.78, now up against descending 55-DMA resistance.
  • 55-DMA 147.23, high yesterday pre-Boris Johnson resignation 147.59.
  • Break back above 55-DMA bullish, would put 148.26 100-DMA in sights.

GBP/USD: Click here

GBP/JPY: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About Us
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!