By Andrew Spencer — Feb 12 - 10:04 PM
• +0.1% at the top of an active 1.2442-1.2462 Asian range on FX Matching
• UK housing market cools in January but surveyors stay upbeat - RICS
• UK launches an offshore wind farm incentive -'Clean Industry Bonus' scheme
• GDP, Construction, Index of services, IP and manufacturing lead today's data
• Charts- 5, 10 & 21-day moving averages base, as 21-day Bolli bands contract
• Neutral daily momentum studies - no significant bias at familiar levels
• Tuesday's 1.2332 base and then the February 1.2249 low are initial support
• Last week's 1.2550 high and then the 1.2616 2025 top are first resistance
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters