Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 24 - 10:55 PM

GBP/USD - Positive Setup, Though Good News In Short Supply

By Andrew M Spencer  —  Nov 24 - 10:20 PM

  • -0.1% in a very tight 1.2098-1.2115 post Thanksgiving range, low key on D3

  • British nurses prepare for unprecedented strike over pay nL8N32K3T0

  • Cost of living crisis fuels industrial unrest for lower paid - tough winter

  • UK car output rises in Oct, still 48.4% lower than 2019 levels nB8N31K00C

  • Techs, daily momentum studies, 5, 10 & 21 day moving averages head higher

  • 21 day Bollinger bands expand - which is a strong positive trending setup

  • Next significant resistance is the 1.2291 well tested August high

  • 1.1926 10 DMA is initial significant support, then 1.1701 21 DMA

    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
© 2022 eFXdata · All Rights Reserved
!