Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 16 - 10:55 PM

GBP/USD - Risk Weighs - Higher USD And UST Yields, Soft Stocks

By Andrew M Spencer  —  Feb 16 - 09:40 PM

  • -0.3% with risk appetite under pressure on hawkish Fed concerns =USD +0.25%,

  • E-mini S&P -0.3%, 10yr UST +3bp 3.895%, Nikkei -0.55%, AsiaxJP -0.7%

  • Trades at the base of an occasionally busy 1.1951-1.1983 range on D3

  • End game for Northern Ireland for post-Brexit talks approaching

  • Charts; 5, 10 & 21 day moving averages, 21 day Bollinger bands slide

  • Momentum studies edge lower - daily signals show strong negative signals

  • Close above tested 1.2202 21 day moving average would end downside bias

  • 1.1961 Feb base break in Asia targets a test of 1.1842 2023 base

For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!