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Jun 07 - 01:55 AM

GBP/USD - Heavy In A Low Key Start, As Risk Appetite Cools

By Andrew M Spencer  —  Jun 06 - 11:35 PM

  • -0.15% at the base of a 1.4139-1.4170 range with only occasional interest

  • Risk cools with softer commodities, mixed stocks - firmer US Treasury yields

  • Britain's lowest-paid workers face highest jobless risk - nL2N2NO05F

  • UK calls for pragmatism and EU seeks trust into N.Ireland talks nL2N2NO092

  • This week's N.Ireland talks will be key for the EU-UK relationship this year

  • Charts; 5, 10 & 21 DMAs coil, momentum studies slip - neutral setup

  • 1.4080-1.4250 range in place since mid May could be vulnerable nL2N2NP01S

  • Tight 21 day Bollinger bands contract, which suggests a breakout is due

    For more click on FXBUZ


gbp 3 jun 7 Click here

Source:
Refinitiv IFR Research/Market Commentary

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