Free Trial
EURIBOR OPTIONS

Put fly seller

EQUITIES

Selling going through in Estoxx

SILVER TECHS

Bullish Focus

MARKET INSIGHT

What to watch

SPAIN DATA

Spanish Factory Gate Inflation Soars to 35.9%

GILTS

Opening calls

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 1.3835 High Oct 20
  • RES 3: 1.3698 High Nov 4
  • RES 2: 1.3514/3607 High Nov 18 and a key resistance / High Nov 9
  • RES 1: 1.3447 20-day EMA
  • PRICE: 1.3250 @ 17:03 GMT Nov 30
  • SUP 1: 1.3195 Low Nov 30
  • SUP 2: 1.3188 Low Dec 21 2020
  • SUP 3: 1.3165 38.2% Mar ‘20 - Jun ‘21 Upleg
  • SUP 4: 1.3108 2.0% 10-dma envelope

GBPUSD broke lower on a wave of Powell-induced USD strength Tuesday, breaking to fresh YTD lows of 1.3195. This sees the pair resume the multi-month downtrend after a short spell of consolidation and opens losses toward Dec 21 2020’s 1.3188 and 1.3165, the 38.2% retracement of the Mar ‘20 - Jun ‘21 Upleg. Firm resistance is unchanged at 1.3514, Nov 9 high.