Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 11 - 01:55 AM

GBP/USD - Firmer Into The Monthly Data Dump - Key For BoE

By Andrew M Spencer  —  Sep 10 - 11:40 PM
  • +0.1% near the top of a busy 1.3071/1.3097 range on LSEG FX Matching

  • Major monthly UK data dump today, led by GDP and manufacturing - see polls

  • Today's data will be key for Bank of England rate expectations for Sept 19th

  • Muted response to the US presidential debate as Kamala Harris stood firm

  • Charts - 5, 10 & 21 daily moving averages coil, 21-day Bolli bands contract

  • Daily momentum studies edge lower - a neutral setup as the uptrend struggles

  • Tuesday's 1.3108 high and then Monday's 1.3142 top are the first resistance

  • A close below 1.3038, 0.382% April/August rise would be a bearish signal

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!