By Paul Spirgel — Mar 16 - 01:40 PM
GBP$ firm into NY close +0.47% at 1.2110; Thursday range 1.2118-1.2029
Multiple DMAs ahead of 1.20, 10-DMA at 1.2020, supportive on closing basis
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GBP$ res 1.2118 Thurs high, 1.2145 daily cloud base, 1.2204 upper 30-d Bolli
Supt 1.2082 10-HMA, 1.2029 Thursday low, 1.2020 rising 10-DMA
1.2004= 50% Fib of 1.1805-1.2203 March range, close below saps bullish tenor
Source:
Refinitiv IFR Research/Market Commentary