Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 02 - 09:55 PM

GBP/USD - Key Levels Broken - 1.3920 Test Beckons

By Andrew M Spencer  —  Sep 02 - 08:18 PM

  • +0.1% early after closing up 0.5% with a softer USD and bid risk currencies

  • UK employers sustain hunt for staff after lockdowns and Brexit nL8N2Q42BV

  • Big question is will the hunt for staff result in higher wage offers

  • Charts; 21 day Bolli bands contract, 5, 10 & 21 DMAs conflict- neutral setup

  • August lower 21 day Bolli rejection then Thursday's break of 1.3778 21 DMA

  • setup targets falling 1.3920 upper 21 day Bollinger band, as in July/August

  • 1.3815/20 GBP 1.001BLN strikes, then Wednesday's 1.3732 low first supports

  • 1.3837, 61.8% then 1.3893 76.4% of the July-August fall initial resistance

For more click on FXBUZ


gbp 2 Sep 3 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
!