By Ewen Chew — Feb 26 - 12:06 AM
GBP/USD trampled below 1.4000 early Fri as Asia stocks slump
US Treasury yields gyrate back up after slight retreat
10y crawls back above 1.500%, renewing broad USD bullishness
GBP/USD Fri close may confirm exit from bullish channel
Bollinger band at 1.4017 is key to near-term recovery
Failing which, 21 DMA at 1.3860 is more likely outcome
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Source:
Refinitiv IFR Research/Market Commentary