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Jan 06 - 11:55 PM

GBP/USD - Under Pressure As Market Digests Events In Washington

By Andrew M Spencer  —  Jan 06 - 09:49 PM
  • -0.25% as Congress resumes certification of Biden's win nL1N2JH25T

  • World stunned by Trump supporters storming U.S. Capitol nL8N2JH4OI

  • Cable trades towards the base of a 1.3573-1.3631 range - solid interest

  • UK AstraZeneca vaccine rollout extended to doctors' practices nL8N2JH462

  • Charts; neutral momentum studies, 5, 10 & 21 daily weekly & monthly MAs rise

  • Positive setup - 1.3677, 76.4% 2018-2020 fall key resistance on the close

  • Close below 1.3498 21 DMA, a base last week, would end topside bias

  • NY 1.3536 low and Asian 1.3631 high are initial support-resistance

For more click on FXBUZ


gbp 2 jan 6 Click here

Source:
Refinitiv IFR Research/Market Commentary

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