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Sep 07 - 09:55 PM

GBP/USD - Positive Signals Dissipate, As The USD Strengthens

By Andrew M Spencer  —  Sep 07 - 07:40 PM

  • Steady after closing -0.4%, as soured risk and higher UST yields boost USD

  • The U.S. dollar is in the drivers seat, and set to continue this week

  • Investors call for private firms to disclose environmental data nL8N2Q41SF

  • Moves to help force companies to deliver on climate policies and promises

  • 21 day Bollinger bands contract, momentum studies 5, 10 & 21 DMAs conflict

  • Dip has turned the positive daily signals back to neutral

  • 1.3768 London low and 1.3746, 50% of the Aug Sep bounce support

  • Early London 1.3850 high then Friday's 1.3890 top resistance

    For more click on FXBUZ


gbp Sep 9 Click here

Source:
Refinitiv IFR Research/Market Commentary

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