By Andrew Spencer — Apr 14 - 07:53 PM
• Off 0.1% early after closing up 0.45% with the U.S. dollar off 0.1%
• UK shoppers raised their spending in March, despite the US tariff onslaught
• Britain secures fuel shipment to keep its last steel blast furnaces alight
• Global uncertainty will ensure most countries try to become self-sufficient
• Charts - 5, 10, & 21-day moving averages rise, 21-day Bolli bands expand
• Daily momentum studies climb - positive signals suggest further gains
• Yesterday's 1.3068 low and Friday's 1.2968 base are first supports
• The 1.3207 2025 high and then the 1.3434 2024 high are initial resistance
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters