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Needle Still Points South

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Yields Bounce as Equities Make New Monthly Highs

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Heading North

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Bull Rally Accelerates

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Economists Survey Raises 2021 CPI Forecast To 4.9%

MNI KEY LEVELS *Gbp0.8696/02 .......>

EURO-STERLING
MNI (London)
EURO-STERLING: MNI KEY LEVELS
*Gbp0.8696/02    Upper 2.0% 10-dma env/200-wma
*Gbp0.8643/48    100-dma/Cloud top
*Gbp0.8612/18/23 Upper Boll Band (3%)/50-mma/Nov11 high
*Gbp0.8595/06/10 YTD Jan14 high/Nov12 high/Upper 1.0% 10-dma env
*Gbp0.8578/81    Jan15 high/Upper Boll Band (2%)
*Gbp0.8553/62    Jan20 high/Jan16 high
*Gbp0.8534/35    200-hma/Intraday high, 100-hma
*Gbp0.8524    ***CURRENT MARKET PRICE 05:13GMT TUESDAY***
*Gbp0.8522/21    Intraday low, 21-dma/Jan20 low
*Gbp0.8520/12    55-dma/50-dma
*Gbp0.8488/80    Jan17 low/Jan10 low
*Gbp0.8472/58    Jan09 low/Lower Boll Band (2%)
*Gbp0.8455/52    YTD Jan08 low/Dec31 low
*Gbp0.8440/27    Lower 1.0% 10-dma env/Cloud base, Lower Boll Band (3%)
*Gbp0.8356/55    Dec17 low/Lower 2.0% 10-dma env
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com