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Sep 13 - 01:55 AM

GBP/USD - Resilient Start To The Week - 1.3900 Caps

By Andrew M Spencer  —  Sep 12 - 11:43 PM

  • +0.1%, resilient towards the top of a 1.3827-1.3843 range with decent flow

  • UK employers hit by new levies, call for overhaul of tax system nL8N2QC2PP

  • Business wants structural change to cope with economy post Brexit & COVID-19

  • NHS begins world's largest blood test trial for 50 cancer types nL8N2QD07A

  • Charts; momentum studies base, 5, 10 & 21 DMAs conflict - neutral setup

  • Major 1.3900 resistance, 1.3890 Sep double top, 1.3896 upper 21 day Bolli

  • Close above 1.3900 would open the door to a test of 1.3983 July trend high

  • 1.3827 200 day moving average and 1.3812 5 & 10 DMAs initial supports

For more click on FXBUZ


gbp Sep 13 Click here

Source:
Refinitiv IFR Research/Market Commentary

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