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TDUX
Jul 19 - 11:55 PM

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

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