Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 18 - 09:55 PM

GBP/USD - June Low Vulnerable As Delta Variant Fears Weigh

By Andrew M Spencer  —  Jul 18 - 07:53 PM

  • -0.1% with a fresh 1.3758 low for this dip into 'Freedom day'

  • Major uncertainty around easing lockdowns as the Delta variant spreads

  • UK house prices rise again amid record monthly sales nL8N2OS3T1

  • UK shopper numbers to jump 20% after COVID rules lifted nL8N2OS2X9

  • Charts; momentum studies, 5, 10 & 21 daily moving averages crest or fall

  • 21 day Bollinger bands expand - suggests a test of the 1.3733 range base

  • 1.3733 break would open the door to 1.3697 200 DMA, a base since Sep 2020

  • June 1.3733 low and NY 1.3838 high are initial support and resistance

For more click on FXBUZ


gbp jul 19 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!