Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 05 - 10:55 PM

GBP/USD - Choppy At The Lower Levels - No Bounce In Asia

By Andrew M Spencer  —  Feb 05 - 10:10 PM

  • Steady in a 1.2031-1.2060 range with continuous flow on D3, and USD flat

  • Britain faces largest ever healthcare strikes as pay disputes drag on

  • Government needs a healthcare compromise to have a chance of re-election

  • Techs; 5, 10 & 21 day moving averages crest, fall, 21 day Bolli bands expand

  • Momentum studies head lower - dip leaves a negative daily setup

  • 1.1984, 76.4% 2023 rise is initial support, then the 1.1842 2023 base

  • 1.2202 5 DMA first resistance, then Friday's 1.2265 London top

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
© 2023 eFXdata · All Rights Reserved
!