By Paul Spirgel — Oct 09 - 01:45 PM
GBP$ down 0.23% at 1.2204 into NorAm close, Monday range 1.2240-1.2164
Early NorAm rise to 1.2220 fades into NorAm close as Mid-East angst rises
Liquidity in NorAm light amid U.S. bank holiday, bond mkt closure
Rates outlook in US-UK now symmetrical may anchor GBP$ near current lvls
GBP$ supt at 10DMA 1.2163, Oct 5-6 lows ahead of 1.21, lwr 21-d Bolli 1.1998
Res 1.2220 Mon NorAm high, 1.2262 Friday high, 21-DMA 1.2276
Source:
Refinitiv IFR Research/Market Commentary