By Andrew M Spencer — Jan 28 - 07:21 PM
Touch firmer after closing up 0.25%, as the USD softened on improved risk
Johnson - lots of Brexit teething problems, employers fear more nL8N2K36R5
Month end flows often impact sterling, especially in the London time zone
Charts; 5, 10 & 21 daily weekly and monthly moving averages trend higher
Upper 21 day Bollinger band capped trend on close, now 1.3760 resistance
Close below rising 1.3644 21 DMA needed to undermine primary uptrend
London 1.3631 low and NY 1.3745 high initial support and resistance
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gbp jan 29 Click here
Source:
Refinitiv IFR Research/Market Commentary