Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 18 - 01:55 AM

GBP/USD - 1.300-1.3250 Range Viable As Dust Settles On BoE

By Andrew M Spencer  —  Mar 17 - 11:25 PM

  • +0.1% towards the base of a 1.3151-1.3182 range with moderate interest

  • No significant UK news in Asia - Ukraine crisis continues nL2N2VK34F

  • Thursday's rout in UK fixed interest markets fuels uncertainty nL5N2VK44N

  • Charts; momentum studies rise - 10 & 21 daily and weekly MA's fall

  • 21 day Bollinger bands contract - mixed signals favour consolidation

  • Sustained break above 1.3100 10 day moving average suggests range trading

  • 1.3001 March 2022 low and 1.3246, 38.2% Feb-Mar fall viable parameters

  • London 1.3088-1.3211 range Thursday is initial support and resistance

For more click on FXBUZ


GBP Mar 18 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
© 2022 eFXdata · All Rights Reserved
!