Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 21 - 01:55 AM

GBP/USD - Sits Above Well-Tested Support - Negative Setup

By Andrew M Spencer  —  Nov 20 - 10:10 PM
  • Up 0.1% in a tight and quiet 1.2653-1.2658 Asian range on LSEG FX Matching

  • UK pay awards steady at 4% in Q3 and set to drop to 3% in 2025 - Brightmine

  • External BOE MPC Member Catherine Mann will speak at Brown Brothers Harriman

  • Nasdaq e-mini -0.5% after Nvidia missed investor expectations- may sour risk

  • Charts - daily momentum studies flat-line, 21-day Bollinger bands expand

  • 5, 10 & 21-day moving averages head lower - a negative trending setup

  • 1.2616 June base is in view - break targets 1.2541 0.786% of the 2024 rise

  • Break above 1.2753 10 DMA and Nov 13 1.2770 top would be positive

For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!