By Andrew M Spencer — Jan 03 - 09:56 PM
+0.2%, with the USD softer, led by JPY strength on Tokyo lockdown talk
Trades at the top of a 1.3645-1.3690 range with plenty of interest
Johnson - stricter lockdown restrictions probably on the way nL1N2JE03L
After getting Brexit done, coronavirus control is pivotal nL1N2JE0E3
Charts; momentum studies, 5, 10 & 21 daily weekly and monthly MAs rise
Strong positive setup with 1.3677, 76.4% 2018-2020 fall under pressure
Sustained 1.3680 break initially targets resilient 1.3706 upper 21 day Bolli
Close below 1.3471 21 DMA, a base last week, would end topside bias
For more click on FXBUZ
gbp 3 jan 4 Click here
Source:
Refinitiv IFR Research/Market Commentary