Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 24 - 09:55 PM

GBP/USD - Uptrend Hangs In, But 2021 High Remains Resilient

By Andrew M Spencer  —  May 24 - 07:59 PM

  • Flat after closing steady, as dovish BoE Gov Bailey capped nL5N2NB3KT

  • Britain welcomes U.S. commitment to tax on digital companies nS8N2K600I

  • U.S. looking for G7 support for 15%-plus global minimum tax nL2N2NB2DR

  • It appears UK has a focus on U.S. tech's tax not broader nL2N2NB203

  • Charts; 10 & 21 daily moving averages climb, 21 day Bolli's head higher

  • Positive setup targets a successful test of the 1.4240 2021 high

  • Close below 1.4130 well tested rising 10 DMA to suggest more consolidation

  • London low and this week's 1.4220 high initial support and resistance


    For more click on FXBUZ


gbp may 25 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
© 2021 eFXdata · All Rights Reserved
!