By Andrew M Spencer — Jan 04 - 09:56 PM
+0.15% - USD a touch softer into the Georgia vote - USD to lead next move
Trades at the top of a 1.3562-1.3580 range with decent interest
Charts; neutral momentum studies, 5, 10 & 21 daily weekly & monthly MAs rise
Positive setup - 1.3677, 76.4% 2018-2020 fall major resistance on the close
Bearish outside day a potential key day reversal on close below Monday's low
Sterling's bearish outside day could be just the start nL1N2JG00M
Close below 1.3472 21 DMA, a base last week, would end topside bias
For more click on FXBUZ
gbp 3 jan 5 Click here
Source:
Refinitiv IFR Research/Market Commentary