Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 06 - 03:55 PM

GBP/USD - Slides Despite Broad USD Weakness, Even Weaker Versus EUR

By Paul Spirgel  —  Apr 06 - 01:38 PM
  • GBP/USD ending NorAm soft -0.74% at 1.3803, NorAm range 1.3867-10

  • Pair avoids broad USD weakness, firm EUR/GBP bid adds to GBP softness

  • Sterling loses upward momentum and may be more vulnerable yet nL1N2LZ14Z

  • Support at 10-DMA by 1.3788, the daily cloud base 1.3715 eyed

  • Res at Mon/Tues double top above 1.3900, then daily cloud top 1.3972

  • EUR/GBP +1.07% ending NY 0.8582, Tues range 0.8585-0.8488, driving EUR, GBP trade

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
!