Markets UK gilts outperform global peers with yields pushing between 1.2 and 3.5 bps lower, accompanied by GBP weakness. EUR/GBP reaches for the YtD high just south of 0.875, up from a sub 0.87 reading in early European hours. GBP/USD (cable) loses the 1.36 big figure to revisit the February troughs. The moves follow this […]
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Daily Pivots: (S1) 1.6095; (P) 1.6208; (R1) 1.6286; More… Intraday bias in EUR/AUD remains on the downside as down trend continues for 161.8% projection of 1.8554 to 1.7245 from 1.8160 at 1.6042. Firm break there Read more…
Daily Pivots: (S1) 0.8611; (P) 0.8635; (R1) 0.8649; More… EUR/GBP’s fall from 0.8788 is still in progress and intraday bias stays on the downside. Firm break of 0.8611 will resume the whole decline from 0.8863, Read more…