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Feb 07 - 08:55 PM

GBP/USD - Resilient On Vaccine Rollout, As The USD Leads

By Andrew M Spencer  —  Feb 07 - 06:20 PM
  • -0.05% after closing up 0.45% on Friday - USD reversed higher post payrolls

  • UK says COVID-19 booster and annual vaccinations very probable nL1N2KD05R

  • More than 12 million Britons have received first COVID-19 vaccine dose

  • Exports from UK to EU down 68% since Brexit, say hauliers nL8N2KD091

  • Charts; 5, 10 & 21 daily moving averages, momentum studies edge higher

  • 1.3759 2021 Jan/Feb range high caps, positive signals normal at range highs

  • Last week's bounce off 1.3569 61.8% 2021 rise makes this the key support l

  • Setup suggests a 1.3560-1.3760 range unless there is a significant USD move

For more click on FXBUZ


gbp feb 8 Click here

Source:
Refinitiv IFR Research/Market Commentary

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