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Derived real-time data in partnership with:
Thomson Reuters
Sep 06 - 09:48 PM
GBP/USD - Soft Data - Neutral Setup, Looking For Direction
First appeared on eFXplus on Sep 06 - 08:10 PM
  • Flat early, after opening +0.15% with an inside day - USD led
  • Weak BDO retail survey, as was BRC Tuesday - weather nL5N1VS4R0
  • Momentum studies edge higher, 5, 10 & 21 DMAs conflict at familiar levels
  • Little short term bias going into US payrolls & potential US/China tariffs
  • 1.2897 5 DMA and early London low, then 1.2855 21 DMA initial support
  • 1.2965 NY afternoon high then 1.2983 NY morning top resistance

gbp sep 7 Click here

Source:
Thomson Reuters IFR Markets

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