By Andrew M Spencer — Mar 24 - 11:11 PM
+0.2% with the softer USD, as Asian stocks and E-mini S&P +0.4% bounce
Trades towards the top of a 1.3680 - 1.3705 range with moderate interest
UK Nationwide Building Society tells all 13,000 staff: 'work anywhere'
Interesting development, as the work landscape changes nL4N2LM3X7
Charts; momentum studies, 5, 10 & 21 DMAs head south - bearish setup
Targets a test of initial support at 1.3637 - 76.4% of the 2021 rise
1.3713 lower 21 day Bolli band suggests oversold - sell strength
Close above 1.3779 prior March low needed to undermine downside bias
For more click on FXBUZ
gbp 2 mar 25 Click here
Source:
Refinitiv IFR Research/Market Commentary