Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 13 - 09:55 PM

GBP/USD - 1.2082 Support Vulnerable As Bearish Factors Build

By Andrew M Spencer  —  Jun 13 - 08:25 PM

  • Flat after closing down 1.5% as the strong USD and weak UK GDP weighed

  • UK sets out legislation to override parts of N. Ireland protocol

  • 52 of 90 in Northern Ireland assembly are against the UK's protocol changes

  • Move opens the door to EU-UK trade barriers at some point nL1N2Y00BF

  • Poll - BoE expected to raise rates slowly in 25pt steps nL4N2XU26Q

  • Charts - momentum studies, 5, 10 & 21 DMAs crest or fall - bearish setup

  • Targets a test of 1.2082, 76.4% of the 2020 - 2021 rise

  • Friday's 1.2302 low then Monday's 1.2325 top initial resistance

For more click on FXBUZ


data jun 14 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!