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Mar 23 - 01:55 AM

GBP/USD - Sold With The Firmer USD - Range Base In View

By Andrew M Spencer  —  Mar 22 - 11:03 PM
  • -0.2% at the base of a 1.3836-1.3863 range with moderate flow - firmer USD

  • EU will be flexible on Northern Ireland if UK gives a 'roadmap' nS8N2L20CF

  • UK is yet to fully implement measures for N Irish trade in the Brexit deal

  • Major global employers scrap plans to cut back on offices- KPMG nL8N2LK5H9

  • Charts; momentum studies, 5, 10 & 21 DMAs slip - modest negative bias

  • 1.3779 March low and 1.3775 lower 21 day Bollinger band major support

  • 1.4010, 50% February-March fall March range top remains key resistance

  • 1.3780-1.4010 range survived Fed and BoE last week - trend remains elusive

For more click on FXBUZ


gbp 2 mar 23 Click here

Source:
Refinitiv IFR Research/Market Commentary

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