Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 17 - 03:55 PM

GBP/USD - REFILE-BUZZ-Sterling Whipsaws, Settles Lower As BoE Negative Rate Expectations Rise

By Paul Spirgel  —  Sep 17 - 01:35 PM

Fixes typo in headline

  • GBP/USD ending NorAm -0.19% at 1.2940, NY range 1.2998-1.2866

  • Quite a ride after BoE rate hold, pair hit on BoE neg rate talk nS8N2F708Q

  • Rallied on a whiff of EU optimism from Von der Leyen-FT nFWN2GE0D4

  • BoE takes the wind out of sterling's sails nL1N2GE0UN

  • Back in daily cloud, bears target Sep 15 low 1.2816, Sep 11 trend low 1.2763

  • Bulls wary abv daily cloud, rise abv 10DMA (1.2968) fails pre-Tenkan 1.3017

  • EUR/GBP +0.3% at 0.9134, Thurs range 0.9168-0.9084; dovish BoE, Brexit woes boost EUR

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!