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