Technical analytics

The cable remained under selling pressure on Wednesday. 

The euro bounced from the oversold area and jumped to fresh highs.

S&P500 was neutral staying in a narrow range around 2580. 


DAX was neutral on Tuesday staying close to the 13100 hurdle.

The US dollar preserved its bullish tone on Tuesday.

The euro broke through the EMA100 and the EMA200 and rallied towards 133.00.

The pound recovery was stopped around 149.30. 

USD/JPY is still in a narrow range being sandwiched between the EMA200 and the EMA100

The pound is firmly in the red. 

Buyers defeated sellers around the EMA100 on Tuesday.