By Andrew M Spencer — Nov 13 - 09:45 PM
Trades 0.15% lower at the base of a busy 1.2692-1.2710 range on FX Matching
UK house price growth quickens but budget clouds outlook, RICS survey shows
Sharp rise in UST yields in the last month supports higher gilt yields
BOE Governor Andrew Bailey is due to speak at the Mansion House Dinner
Charts - daily momentum studies fall, 21-day Bollinger bands expand
5, 10 & 21-day moving averages head lower - a negative trending setup
Targets a test of the 1.2665 August low then the 1.2616 June base
Wednesday's 1.2770 high then Tuesday's 1.2873 top are first resistance
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Source:
Refinitiv IFR Research/Market Commentary