By Andrew M Spencer — Jan 19 - 10:03 PM
+0.15% - USD continues to ease, as risk appetite buoyant on U.S. stimulus
Trades at the top of a 1.3632-1.3656 range with solid interest in Asia
EUR/GBP also saw plenty of flow, though flat in a 0.8894-0.8904 range
UK finance sector revives, cuts staff, reviews office space nL8N2JU4NJ
Further staff cuts likely, as UK-EU negotiate services post Brexit
Charts; key resistance at 1.3712/26 - Jan high and upper 21 day Bolli band
Neutral daily momentum studies, 5, 10 & 21 daily moving averages climb
Modest positive setup within January range - breakout will likely be USD led
For more click on FXBUZ
gbp 2 jan 20 Click here
Source:
Refinitiv IFR Research/Market Commentary