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May 27 - 07:55 AM

GBP/USD - Holds Below 10DMA After Rally From 10-Day Low

By Rob Howard  —  May 27 - 06:05 AM
  • Cable met headwind by 1.4143 after pushing recovery envelope from 1.4092

  • 1.4143 is 10-day moving average. 1.4092 was 10-day low in Asia nL2N2NE0I5

  • Resistance levels beyond the 10DMA include 1.4175 (Wednesday high) and 1.42

  • Outgoing BoE MPC member Vlieghe (dove) is due to speak at 1100GMT

  • Vlieghe leaves MPC end-August, two months after Haldane's exit nL1N2MU0GI

  • Fed's preferred inflation gauge will be published on Friday nL2N2NE0O2

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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