By Andrew M Spencer — Jan 31 - 10:10 PM
+0.25% at the top of a 1.3692 - 1.3729 range with plenty of interest
EU ends plan to restrict vaccine exports through Irish border nL1N2K50AG
UK vaccine rollout proceeds at a fast pace, as COVID-19 crests nS8N2HX047
Improved outlook for the UK fight against the coronavirus supports sterling
Charts; 5, 10 & 21 daily weekly and monthly moving averages trend higher
Upper 21 day Bollinger band capped trend on close, now 1.3774 resistance
Close below rising 1.3646 21 DMA needed to undermine primary uptrend
Asian 1.3692 low low and NY 1.3750 high initial support and resistance
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Source:
Refinitiv IFR Research/Market Commentary