Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 22 - 09:48 PM

GBP/USD - Off 1% As The USD Firms - Elusive US Stimulus Package

By Andrew M Spencer  —  Mar 22 - 07:15 PM
  • Off 1%, USD led, as the US stimulus to the coronavirus yet to be announced

  • Democratic leader Schumer optmistic on agreement in 24hours nL1N2BF0GH

  • Markets are nervous, liquidity is light - E-mini S&P & WTI crude off 5%

  • Johnson: Stay apart or face tougher coronavirus measures nL8N2BF0U3

  • Charts; 5, 10 & 21 daily weekly and monthly MAs trend south - negative setup

  • Sterling found suport below 1.1500 last week, easing oversold signals

  • USD remains a significant factor, and continues to trend higher

  • Friday's 1.1413 low is now initial support, earlier 1.1740 high resistance

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!