By Andrew M Spencer — Sep 05 - 11:40 PM
Steady in an occasionally busy 1.3174-1.3183 range on LSEG FX Matching
Mixed markets in Asia ahead of the potentially pivotal US payrolls
There is no tier one UK data or BoE events - USD and risk to lead gbp
Report says UK needs an extra $1.3 tln investment to spark economic growth
Charts - 5, 10 & 21 daily and weekly moving averages head higher
21-day Bolli bands contract, momentum studies flat line - positive setup
Last Friday's 1.3200 top and last week's 1.3269 high are first resistance
A close below 1.3038, 38.2% April/August rise would end the topside bias
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary