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Refinitiv
Jan 17 - 10:55 PM

GBP/USD - Little Changed, But Volatile With Plenty Of Flow

By Andrew M Spencer  —  Jan 17 - 10:21 PM
  • Flat in a 1.3567-1.3624 range with strong though intermittent interest

  • UK fin min Sunak wants corporation tax rise to control debt nL4N2JT02C

  • UK vacancies for remote workers triple in a year - consultancy nL8N2JR0DG

  • Potential revolution in the future need for centralized office space

  • Sterling resilient, but EUR/GBP poised above pivotal support nL4N2JP16C

  • Techs; key resistance at 1.3712/14 - Jan high and upper 21 day Bolli band

  • Daily momentum studies flat line, 5, 10 & 21 daily moving averages edge up

  • Modest positive setup, break of 1.3451 2021 base would be bearish

    For more click on FXBUZ

gb 2 jan 18 Click here

Source:
Refinitiv IFR Research/Market Commentary

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