Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 12 - 09:48 PM
GBP/USD - Recovers Early Losses - Risk Is Under Pressure
First appeared on eFXplus on May 12 - 08:00 PM
  • +0.1% in a low key FX reaction to US/China trade impasse - E-mini S&P -0.9%
  • Plenty of weekend Brexit comment - Talks with Labour stalled nL5N22O08N
  • May has a plan for her departure nL5N22O084 Labour cautious nL5N22O07C
  • Neutral momentum studies, 5, 10 & 21 DMAs conflict - little bias
  • A daily close below 1.2959 200 DMA would be a strong bearish signal
  • Earlier 1.2992 low and 1.3040 602M strikes initial support/resistance

gbp may 13 Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!