By Andrew M Spencer — May 23 - 07:50 PM
-0.05% after closing up 0.7% with risk appetite and the broadly lower USD
Fresh photos of 'Partygate' show PM front and centre nL2N2XF1HN
PM apologised for his 'mistake' - voters unlikely to forget or forgive
Charts; momentum studies climb, 5, 10 & 21 day moving averages conflict
21 day Bollinger bands contract - mixed signals suggest consolidation
1.2592, 38.2% March-May fall tested, 1.2639 May high resilient resistance
Monday's 1.2481 low and 1.2434 21 day moving average initial support
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gbp May 24 Click here
Source:
Refinitiv IFR Research/Market Commentary