Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 02 - 01:55 AM

GBP/USD - Signals And Upbeat Risk Suggest 1.4000 Is Vulnerable

By Andrew M Spencer  —  Aug 01 - 11:42 PM

  • Touch softer in a tight 1.3888-1.3902 range with only moderate flow

  • Buoyant markets cap USD - E-mini S&P +0.55%, Nikkei +1.7% and AsiaxJP +0.5%

  • UK may offer 32 million vaccine booster shots from September - The Telegraph

  • If true a major weapon in the fight against the Delta variant nFWN2P61W0

  • Charts; 5, 10 & 21 daily moving averages climb - mixed momentum studies

  • Net bullish setup, despite Friday's dip- 1.3819/21 21 & 10 DMA's key support

  • 1.3981 upper 21 day Bollinger and 1.3991 61.8% June July fall cap at present

  • Break would open the door to 1.4090 76.4% retracement of June July fall

    For more click on FXBUZ


gbp 2 aug 2 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
!