By Andrew M Spencer — Oct 25 - 07:35 PM
-0.15% after closing -0.4% with the USD up 0.3% as UST yields climbed
Subdued UK growth fuels recession fears - BoE on hold at Nov 2 meeting
UK car output growth strongest in September as overseas shipments rise- SMMT
EV vehicles led the rebound as supply chain issues eased, but tariffs loom
Charts; 5, 10 & 21-day moving averages slip, as momentum studies slide
21-day Bollinger bands expand - the dip leaves modest negative signals
1.2093 double-bottom last week is in view, break to target 1.2038 Oct low
Close above Wednesday's 1.2175 high would return the signals to neutral
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary