By Paul Spirgel — Oct 10 - 01:35 PM
GBP$ firm into NorAm close, +0.33% at 1.2269; Tues range 1.2292-13
UST yields lower on FTQ post-holiday; dovish Fed comments aid USD dip
Close abv 21-DMA 1.2266 aids bullish case, 30-DMA at 1.2357 in focus
Sterling probes higher on dovish Fed, more hawkish BoE outlook
More significant res at 1.2392, 50% Fib of 1.2746-1.2039
Close above 50% Fib puts 200-DMA at 1.2441, 55-DMA 1.2526 in focus
Supt at Tues low 1.2213, 10-DMA 1.2177, Friday low 1.2107
Source:
Refinitiv IFR Research/Market Commentary