Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 08 - 05:55 AM

GBP/USD - Holds Below 1.38 After Wednesday Drop To 1-Week Low

By Rob Howard  —  Apr 08 - 02:56 AM
  • GBP/USD eyes 1.3773 after pushing its recovery envelope from 1.3725

  • 1.3773 was Wednesday's early London low. 1.3725 was Wednesday's one-week low

  • 1.3799 is a resistance level beyond 1.3773, 38.2% Fibo of 1.3919-1.3725

  • 1.3919 was Tuesday's two-week high (before profit-taking on GBP longs)

  • Offers pre-1.38 capped rally from Wednesday's 1.3728 London afternoon low

  • Britain concerned by Northern Ireland violence - UK minister nS8N2KU06F

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!