By Andrew M Spencer — Oct 25 - 11:10 PM
Off 0.25% at the base of a busy 1.2080-1.2109 range on D3
UK car output growth strongest in September as overseas shipments rise- SMMT
ECB rate decision and press conference could easily generate EUR/GBP flows
Charts; 5, 10 & 21-day moving averages coil, neutral momentum studies
21-day Bollinger bands flat line - mixed signals as the range dominates
Choppy consolidation in the October 1.2038-1.2337 broad range set to extend
The 1.2038 Oct low and today's Asia's 1.2109 top first support, resistance
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Source:
Refinitiv IFR Research/Market Commentary