Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 13 - 03:55 PM

GBP/USD - Bid Ahead Of 1.40, 100HMA By 1.3994 As USD Holds Post-CPI Gains

By Paul Spirgel  —  May 13 - 01:39 PM
  • GBP/USD is ending NorAm -0.12% at 1.4033; Thursday range 1.4076-08

  • In-court US jobless claims stirs USD bid after CPI surprise, Fri's NFP miss

  • GBP bulls eye UK employment data for hints of UK policy shift nL1N2N01BD

  • Pair relatively well bid after reduced Scottish elex angst UK Q1 GDP beat

  • Move w/in daily Bolli envelope, 1.4106-1.3672, tempers bullish structure

  • Bears gain control sub-1.3918, 50% of 1.3670-1.4167; into daily cloud 1.3903

  • EUR/GBP +0.11% at 0.8607, Thurs range 0.8618-0.8595

  • UK employment rise May 18 added to upbeat Q1 GDP supports GBP gains vs USD & EUR

GBP Chart: 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
!