By Andrew Spencer — Apr 10 - 08:07 PM
• +0.2% after closing up 1.1% with the USD weaker across the board off 1.85%
• UK jobs market sees biggest jump in people looking for work since 2020
• BoE's Breeden says interest rate implications from US tariffs unclear
• UK GDP, construction, industrial production, index of services lead UK data
• Charts - 5, 10, & 21-day moving averages base, 21-day Bolli bands flat-line
• Daily momentum studies base, rise - signals are neutral from bearish
• Thursday's 1.2816 low and this week's 1.2712 base are first support
• Last Friday's 1.3113 high, then the 1.3207 2025 high are initial
resistance
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters