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Thomson Reuters
Jul 09 - 09:48 PM
GBP/USD - Techs & Fundamentals Dominated By Uncertainty
First appeared on eFXplus on Jul 09 - 08:00 PM
  • Softer as Tokyo - closed -0.3% - led by political uncertainty nL8N1U40XR
  • BRC retail sales fell, +2.3% f'm 4.1%, like for like +1.1 f'm 2.8%
  • Will be interesting to see how May's reshuffled cabinet fares nL8N1U55VZ
  • Neutral momentum studies, 5, 10 & 20 DMAs conflict - little short term bias
  • 1.3363 London high then 1.3372, 76.4% June fall first resistance
  • 1.3189 NY low then 1.3170, 61.8% June/July bounce initial support

gbp jul 10 Click here

Source:
Thomson Reuters IFR Markets

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