Derived Data That Drive Results
By Paul Spirgel — Aug 23 - 01:45 PM
GBP$ firm into close, ending NorAm flat at 1.2731; NorAm range 1.2732-1.2615
Pair rallied off NorAm low after U.S. PMI downside miss sinks UST yields
GBP$ soft in Europe after Europe PMIs missed hinting at end of ECB hikes
Supt 100DMA bruised, holds at 1.2636; Wed low 1.2615, lwr 30d Bolli 1.2565
Res 1.2737 55HMA, 1.2764 Wed high, 1.2777 55DMA, 1.2880 50% of 1.3144-1.2615
EUR/GBP +0.22% at 0.8536, Wed range 0.8566-0.8493; EUR rebounds most after EZ PMI miss
GBP Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
