UK PMI Services was finalized at 54.3 in June, up from May’s 53.4. S&P Global said there was solid rise in business activity, but new work lost momentum. Business expectations slumped to the weakest level since May 2020. Input costs inflation held close to May’s survey-record high. PMI Composite was finalized at 53.7, up from […]
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Daily Pivots: (S1) 190.87; (P) 192.10; (R1) 192.78; More… Intraday bias in GBP/JPY remains mildly on the downside for 189.31 support. Firm break there will suggest that corrective pattern from 180.00 has completed. But before Read more…
Daily Pivots: (S1) 159.75; (P) 160.78; (R1) 161.36; More… EUR/JPY’s fall from 164.07 is in progress and intraday bias stays neutral. Firm break of 159.74 will target 156.16 support next. On the upside, above 161.82 Read more…
Daily Pivots: (S1) 0.8357; (P) 0.8373; (R1) 0.8387; More… EUR/GBP’s fall from 0.8472 is in progress and intraday bias stays on the downside. Sustained break of 55 D EMA (now at 0.8355) will argue that Read more…