Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 09 - 07:55 AM

GBP/USD - Beats 36 Pip Retreat After 1.39 Offers Cap Gains

By Rob Howard  —  Mar 09 - 05:46 AM
  • Cable ran into resistance at 1.3900 after building on early London gains

  • See: nL1N2L70EH. 1.3864 = ensuing pullback low (1.3865 was Monday's high)

  • 1.3850 (Asian session high) is now a support point, pre-1.3800 and 1.3779

  • Bids just shy of 1.3800 propped GBP/USD in Asia, and on Monday (NY/Ldn)

  • 1.3779 was Friday's three-week low, after big NFP beat (1.3776 = Feb 12 low)

  • Resistance levels beyond 1.3900 include 1.3921 (March 3 low) and 1.3950

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!