By Andrew M Spencer — Dec 04 - 09:55 PM
Off 0.03% in a 1.2696-1.2705 range with occasional solid FX Matching flow
Under pressure, UK's Starmer sets out plans to deliver on election pledges
Construction PMI leads UK data - MPC Member Greene Speaks - FT conference
Techs - daily momentum studies climb, 21-day Bollinger bands contract
5, 10 & 21-day moving averages coil - neutral daily setup, bearish weeklies
This week's 1.2619 low, then the 1.2475 November trend low initial supports
Last week's 1.2750 high then 1.2841, 0.382% Sep/Nov fall first resistance
A close above 1.2841 needed to end the September/November downtrend
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters