Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 18 - 03:55 AM

GBP/USD - Eyes Cloud Top After Strong Sales Data

By Peter Stoneham  —  Oct 18 - 02:10 AM
  • Strong UK data adds to sterling's Thursday rally: up 0.3%

  • UK Sept retail sales rise 3.9% y/y vs 2.5% in Aug: 3.2% Rtrs poll

  • On the month a 0.3% rise from a 1.0% gain previously: -0.3% Rtrs poll

  • GBP/USD turned a corner Thurs ahea of key support points

  • Daily cloud base and 100DMA at 1.2967 and 1.2958, respectively

  • Rebound now eyes the daily cloud top and 10DMA at 1.3059

  • Oct. 15 1.3103 high a bull target

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!