By Andrew M Spencer — Feb 25 - 06:54 PM
Touch firmer after closing off 0.9%, as risk soured as UST yields jumped
COVID shot is quick and doesn't hurt, says UK's Queen Elizabeth nL8N2KV79P
UK's fast paced vaccine rollout continues - key for 2021 economic recovery
Charts; 5, 10 & 21 daily weekly and monthly moving averages trend north
1.3999 rising 10 day moving average under pressure - a base on this move
Close below 10 DMA would suggest cable will consolidate next week
1.4182 NY high then this week's 1.4240 trend top initial resistance
1.3999 10 DMA, then 1.3983, 38.2% of the February rise supports
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Source:
Refinitiv IFR Research/Market Commentary