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Jul 19 - 11:55 PM
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GBP/USD - Finds A Floor As PM Burnham's Pick For Finmin Eyed
By Ewen Chew — Jul 19 - 10:08 PM
• GBP/USD cautiously higher, last 1.3451, as USD abates broadly
• Tentatively finds a bottom around 1.3445, a key technical floor
• Bollinger uptrend channel base and Ichimoku cloud merge to support
• If they crack, next ledge at 100 and 200 DMA near 1.3400 to be tested
• Burnham set to take over as PM; finance minister eyed
• Choice for crucial role may dictate steling's next big
move
GBP
(Ewen Chew is a Reuters market analyst. The views expressed are
his own.)
Source:
London Stock Exchange Group | Thomson Reuters