Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Oct 15 - 08:55 PM

GBP/USD - Negative Impact Of The Higher Yields Builds

By Andrew M Spencer  —  Oct 15 - 07:35 PM
  • +0.1% after closing -0.3% on Friday, with a firmer USD, soured risk appetite

  • UK CFOs lose their appetite for debt after rates climb -Deloitte

  • The higher yields are starting to impact most parts of the UK economy

  • The current Middle East situation increases the chances of steady rates

  • Charts; 5, 10 & 21-day moving averages coil, as momentum studies conflict

  • 21-day Bolli bands contract- mixed signals suggest a period of consolidation

  • Neutral setup leaves last week's 1.2337 high as initial major resistance

  • 1.2038, the October trend low remains the initial key support

For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved