Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 27 - 03:55 PM

GBP/USD - REFILE-BUZZ-Sterling Bulls Turn Tail Above 1.23, Again; 10-DMA Remains Supportive

By Paul Spirgel  —  Jun 27 - 01:45 PM

Corrects typo in headline

  • GBP$ off highs into cls, ending NY +0.1% at 1.2280; Mon range 1.2331-1.2239

  • Early glbl stox/risk-off gain not sustainable amid UK inflation-growth angst

  • Sterling bid stalls as Fed hike path trumps BoE nL1N2YE15K

  • GBPOIS indicates odds for BoE+50bp on Aug 4 growing BOEWATCH

  • 10-DMA support by 1.2235 holds, more significant supt at Jun 22 low 1.2163

  • GBP$ soft abv 1.23 last 4/5 sessions; res Jun 27 high 1.2331, 21DMA 1.2369

  • EUR/GBP +0.31% at 0.8624; ECB on precipice of hikes, Brexit angst boosts EUR

  • PM Johnson: New N.Ireland trade law could be passed this year nL1N2YE0GV

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!