By Andrew M Spencer — Feb 15 - 06:35 PM
-0.05% after closing down 1.15% on easing UK inflation and USD strength
10yr gilt yield -4bp 3.487%, 10yr bund +2bp 2.467% and 10yr UST +4bp 3.802%
DUP leader says speculation on N. Ireland protocol deal is premature
A compromise on the protocol would be a much needed boost for the UK economy
Charts; 5, 10 & 21 day moving averages, 21 day Bollinger bands slide
Momentum studies edge lower - daily signals have turned to a negative bias
Close above tested 1.2225 21 day moving average would end downside bias
1.2120 NY low then this week's 1.2031 base are initial supports
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary