By Paul Spirgel — Nov 20 - 01:40 PM
GBP$ boosted into NorAm close, +0.41% at 1.2509, Mon range 1.2518-1.2448
UST yields slide in NorAm afternoon weighing on USD broadly
Sterling bulls continue to struggle above 1.25, by 100-DMA resistance
Pair firm but remains anchored by 100-DMA (1.2507), close abv bullish
Res at 1.2522 upper 30-d Bolli, 1.2548 the Sep 11 high, 1.2619 Aug 30 high
Support 1.2448 Mon low, 200-DMA 1.2446, Nov 16/17 lows 1.2377/75
Traders focus on Fed mins Nov 21, UK flash PMIs Nov 23
Source:
Refinitiv IFR Research/Market Commentary