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Oct 28 - 12:12 AM
GBP/USD - CORRECTED-BUZZ-GBP/USD-Conservatives Hot Election Favourites
First appeared on eFXplus on Oct 27 - 10:10 PM

Added chart

  • Trades -0.15%, quietly in a 1.2815/1.2834 range - modest weekend news

  • EUR/GBP was also very quiet - has not traded on D3 - Singapore holiday

  • Looking like a December election is on the cards - Conservatives favourites

  • EU hopes to pass Brexit delay to Jan. 31 - earlier possible nL8N27C0XX

  • UK gov't to step up pressure on parliament over election vote nL8N27C0E2

  • Bounce has stalled at 1.3000, consolidation since leaves a neutral setup

  • Key levels are 1.3010 October high and 1.2700, 38.2% of the October bounce






















gbp oct 28 Click here

Source:
Refinitiv IFR Research/Market Commentary

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