CCY Corner: DXY CABLE EURGBP Correlation

The upward US GDP revision provided the lift for the USD closing higher and above @98.00 bp levels. The recent surge was seen as half-way through the previous decline from 100.21 high to the 95.23 low and recovered to its present price level @98.08. And the benchmark low of 95.05 – 95.23 low range is now considered to be the primary support for the USD-DXY.(cloud-chart) Note: Corrections made

CCY Corner: DXY CABLE EURGBP Correlation