By Andrew Spencer — Apr 08 - 07:44 PM
• Trades up 0.15% after closing up 0.3% with the U.S. dollar off 0.5%
• UK fin min Reeves to hold tariff crisis talks with top executives - Sky News
• Universal Studios to open its first European theme park near London
• Charts - 5, 10, & 21-day moving averages fall, 21-day Bolli bands expand
• Daily momentum studies fall - signals remain bearish after Monday's slide
• Sustained 1.2812 200-day moving average break adds to the downside bias
• 1.2653 0.5% of the 2025 rise, then 1.2560 Feb range low are first support
• 1.2812 200-day moving average, then Monday's 1.2932 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