By Andrew Spencer — Jun 29 - 08:22 PM
• Up 0.05% after closing off just 0.05% with the U.S. dollar down 0.1%
• UK business confidence levels hit highest since 2015 - Lloyds Bank
• 60% of firms polled expect higher staffing levels in the coming year
• UK's financial regulator said it will ease rules on investment advice
• Charts - 5, 10, & 21-day moving averages climb, positive momentum studies
• 21-day Bollinger bands expand - daily signals retain a topside trending bias
• Thursday's 1.3770 top, then the distant 1.4250 2021 peak, initial resistance
• Wednesday's 1.3591 low, then 1.3562/73 21 & 10 DMAs are initial support
• Weekly charts track higher after a bullish outside week
Andy
(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters