Derived Data That Drive Results
By Ewen Chew — Apr 06 - 12:55 AM
GBP/USD peers over 1.3061 edge of a bearish technical chute
Wed close below engages Bollinger downtrend channel
That will motivate long-trimming, lead to test 1.3000 barrier
Potential break of psych barrier will open new lower range
Downside risks amplify as new Russia sanctions loom nL5N2W35OM
Further strain on energy supplies, inflation will follow
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Source:
Refinitiv IFR Research/Market Commentary
