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Aug 07 - 03:48 PM
GBP/USD - Dips On Lingering Brexit Fears, Despite Broad USD Selling
First appeared on eFXplus on Aug 07 - 01:35 PM
  • GBP/USD ending NY 1.2154 -0.12%; NorAm range 1.2167-1.2123
  • Brexit-related offers muted amid China trade angst and c.bank cuts
  • India, RBNZ cuts keep Brexit off sterling's radar
  • GBP/USD support at recent low 1.2080, Jan '17 low 1.1983, Res 10-DMA 1.2212
  • EUR/GBP +0.33% at 1.2153, Wed range 0.9249-0.9188; no-deal Brexit weighs on GBP

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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