By Andrew M Spencer — May 16 - 11:35 PM
Steady in a tight 1.2480-1.2489 range with little interest on D3
Stellantis says UK needs to renegotiate parts of the Brexit deal - BBC
UK risks some manufacturing moving to the EU to avoid trade tariffs
BoE Gov Bailey, speaks at the British Chambers of Commerce Global Conference
Governor Bailey's comments and the tone of his outlook may move sterling
Charts; momentum studies show mixed signals, while 5, 10 & 21-DMAs conflict
21-day Bollinger bands contract - consolidation leaves a neutral setup
1.2436 May base and the 1.2679 May high are the short-term levels
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Source:
Refinitiv IFR Research/Market Commentary