By Andrew M Spencer — Jan 23 - 10:15 PM
+0.1% at the top of a tight 1.2375-1.2390 range - little flow on D3
Asia quiet as Lunar New Year holidays continue - UK PMI data event risk
Britain and EU unlikely to change Brexit deal much, despite issues - report
Poll showed 56% of Britons would vote to rejoin the EU - but very unlikely
Charts; neutral momentum studies, 21 day Bollinger bands expand
5, 10 & 21 DMAs rise - targets a close above 1.2441, 61.8% 2022 fall
Sustained 1.2450 break would open the door to 1.2666 May high
Close below 1.2171 21 day moving averages needed to end the topside bias
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary