By Andrew M Spencer — Jan 13 - 09:59 PM
-0.1% - USD led with higher UST yields - at base of a quiet 1.3620-55 range
London leads European tech investment table despite COVID nL8N2JO5YG
Survey shows UK housing market boom is beginning to fade nL8N2JO4JS
Techs, key resistance at 1.3700 once again capped on the close on Wednesday
Daily momentum studies are neutral, 5, 10 & 21 daily moving averages rise
Modest positive setup, which is not unusual at the top of a range
1.3704 upper 21 day Bolli band is a good indicator of an overbought market
2021 high also at 1.3703 to remain resilient, unless the USD slides
For more click on FXBUZ
gbp 2 jan 14 Click here
Source:
Refinitiv IFR Research/Market Commentary