Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Jun 25 - 12:12 PM
GBP/USD - Respects Monday's Low After Brexit Vibe Impacts
First appeared on eFXplus on Jun 25 - 10:50 AM
  • Cable elicited support pre-1.2708 after extending south from 1.2784
  • 1.2708 was Monday's low. 1.2784 = early Europe five-week high
  • Drop to threaten 1.2708 influenced by no-deal Brexit fear
  • No-deal Brexit: what it might mean for UK economy nL8N23W1L4 nL8N23V2MG
  • GBP/USD support points below 1.2708 include 1.2683 (30DMA) and 1.2643
  • 1.2643 was June 21 low, before Kashkari's 50bp rate cut call nN9N21F02I

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
!