By Andrew M Spencer — Jun 14 - 12:10 AM
+0.25% on cable bargain hunting and broad based yen cross demand in Tokyo
Trades at the top of a 1.2131-1.2182 range with plenty of interest on D3
UK sets out legislation to override parts of post-Brexit N. Ireland protocol
Move opens the door to EU-UK trade barriers at some point nL1N2Y00BF
52 of 90 in Northern Ireland assembly are against the UK's protocol changes
Charts - momentum studies, 5, 10 & 21 DMAs head lower - bearish setup
Targets a test of 1.2082, 76.4% of the 2020 - 2021 rise
Friday's 1.2302 low then Monday's 1.2325 top initial resistance
For more click on FXBUZ
gbp 2 jun 14 Click here
Source:
Refinitiv IFR Research/Market Commentary