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Thomson Reuters
Feb 12 - 05:00 AM
GBP/USD - Close To Three-Week Low Before May Talks Brexit
First appeared on eFXplus on Feb 12 - 03:35 AM
  • Cable met headwind pre-1.2889 after pushing recovery envelope from 1.2845
  • 1.2889 is the 100DMA, a former support turned resistance level nL1N2060G1
  • 1.2845 was Monday's three-week low, courtesy of weak UK data and USD buying
  • May to address MPs about Brexit in Commons today nL5N2071EC nL5N205079
  • Carney will also speak today (at 1300GMT), downbeat comments expected
  • US lawmakers reach tentative deal to avoid government shutdown nL1N2060IA

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