By Andrew Spencer — Jun 22 - 07:48 PM
• -0.15% after closing down 0.15%, capped by very weak retail sales data
• Modest risk off so far in Asia after the U.S. bombed Iran nuclear sites
• PM Starmer spoke with Trump about the Middle East - Brent +2.45%, $78.90
• Charts - 5, 10, & 21-day moving averages fall, momentum studies ease
• 21-day Bolli bands expand - daily signals retain a negative bias
• 1.3511 21-day moving average and Tuesday's 1.3577 top initial resistances
• 1.3400 lower 21-day Bolli and last week's 1.3383 base are resilient support
• 1.3386 0.5%, and 1.3328 0.618% of the May-June rise are first Fibo
supports
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters