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Thomson Reuters
Mar 14 - 09:48 PM
GBP/USD - USD Boosted By Cable Fall, Pushed Around By Brexit News
First appeared on eFXplus on Mar 14 - 08:30 PM
  • DXY opens slightly lower in Asia after rising 0.2% Thurs on GBP drop
  • The close was above the 21 DMA suggesting more consolidation ahead
  • Momentum studies mixed but s/t MAs still bearish also suggest consolidation
  • Resistance is at the falling 10 DMA at 96.96, close above would be bullish
  • Support is at Thurs low at 96.47 then 76.4 Fibo at 96.27
  • Related: nL1N2111Q1 nL1N211122 nL1N2111L8

GBP daily: Click here

Source:
Thomson Reuters IFR Markets

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