Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 21 - 04:55 PM

GBP/USD - S Soars Versus USD, EUR After Flash PMIs Hint At Higher UK Rate Path

By Content Admin  —  Feb 21 - 02:15 PM
  • GBP$ ending NorAm +0.72% at 1.2120; NorAm range 1.2147-1.2059

  • Pair moved higher after beat f/c lifting BoE rate expectations

  • Upbeat UK flash PMIs pull as rate expectations rise

  • Abv dly cloud (1.2108) add to bullish tone, 55/30-DMAs 1.2175-1.2211 in view

  • Supt at 10-DMA 1.2078, 200-HMA 1.2072, Feb 21 low 1.1990

  • EUR/GBP -1% to 0.8792, Tues range 0.8885-791; higher view trumps EZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!