- The Sterling is extending its climb against the Greenback as falling Treasury yields knock the USD back.
- Thin session for Friday puts extra focus on the upcoming US Markit PMIs to cap off the week.
- Hourly indicators are knocking into overbought territory, a turnaround from here could see a sharp snap lower.
Spot rate: | 1.3268 |
Relative change: | 0.28% |
High: | 1.3282 |
Low: | 1.3229 |
Trend: | Bullish |
Support 1: | 1.3229 (current day low) |
Support 2: | 1.3205 (PP daily pivot) |
Support 3: | 1.3102 (current week low; key level) |
Resistance 1: | 1.3298 (June 15th swing high; key level) |
Resistance 2: | 1.3375 (R2 daily pivot) |
Resistance 3: | 1.3446 (two-week high) |