Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Jul 08 - 06:12 AM
GBP/USD - Tests Pre-NFP Low After Probing Above Asia High
First appeared on eFXplus on Jul 08 - 04:50 AM
  • Cable tests 1.2540 (Friday's pre-NFP low) after probing above 1.2535
  • 1.2535 was the pre-weekend rally high from 1.2481 (six-month low)
  • GBP/USD held below 1.2535/40 in Asia, when 1.2533 was the session high
  • 1.2557 and 1.26 are resistance levels beyond 1.2540
  • Recent GBP losses have been influenced by fear of a no deal Brexit
  • MPs weigh up options to try to block a no deal Brexit nL8N248084

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!