Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 29 - 08:55 AM

GBP/USD - Respects 55DMA After Following Equity Prices Higher

By Rob Howard  —  Jul 29 - 06:59 AM
  • Cable met headwind at 1.3970 after extending north from 1.3901 (Asia low)

  • 1.3970 approximates to 55DMA. Rise to 1.3970 aided by global equity gains

  • See: nL4N2P51MQnL1N2P50RW. GBP is a risk-sensitive currency

  • More offers expected pre-1.40. 1.3991 = 61.8% Fibo of 1.4250-1.3573

  • UK mortgage lending looms but consumers stay wary about debt nL8N2P53YD

  • BoE set to keep its stimulus running at full-speed next week nL8N2P3627

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!