By Paul Spirgel — Mar 11 - 01:40 PM
GBP/USD ends NY firm +0.33% at 1.3978, NorAm range 1.3987-1.3939
Pair firm after UST 30-yr auction underwhelms yield rises nIfp1Yh7Ft
Sterling bias firm after ECB accelerates PEPP nL1N2L91S3
Abv 21-DMA (1.3941/11) bulls eye Feb 26 high 1.4021, upper 30d Bolli 1.4134
Recently probed 30-DMA at 1.3874 reverts to support, then Mar 5 low 1.3779
EUR/GBP +0.12% at 0.8571, Thurs range 0.8582-49; 2021 low 0.8540 protected
ECB signals faster money-printing to keep lid on yields nL1N2L90DW
GBP Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary