Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 13 - 09:55 PM

GBP/USD - Bearish Outside Day, Heading Into UK CPI

By Andrew M Spencer  —  Sep 13 - 07:55 PM

  • Off 0.1% after closing down 1.6%, as the USD rebounded after strong U.S. CPI

  • UK inflation data due today, so sterling will likely range trade in Asia

  • Techs: slump left a bearish outside day and mixed daily momentum studies

  • 21 day Bollinger bands contract 5, 10 & 21 day moving averages slip

  • Downside bias returns, after Tuesday's failure at the 1.1673 21 DMA

  • 1.1407 September low then 1.1355 lower 21 day Bolli band are initial support

  • 1.1673 21 day moving average, then NY 1.1738 high first resistance

    For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!