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Dec 02 - 03:55 AM

GBP/USD - Holds Above 1.3400 Before Barnier's Brexit Update

By Rob Howard  —  Dec 02 - 02:15 AM
  • Cable holds above 1.3400 before Barnier's 0730GMT Brexit update to EU envoys

  • See: nL8N2IH5FXnL8N2IH17N. 1.3400 is a former resistance level

  • 1.3442 was Tuesday's 3-month top on report EU-UK talks have entered "tunnel"

  • See: nS8N2E307OnL8N2IH4WS. Retreat from 1.3442 based just shy of 1.3388

  • 1.3388 was Monday's high. 1.3316 was Tuesday's low, before "tunnel" report

  • UK approves Pfizer-BioNTech vaccine for use, first in world nL8N2II10B

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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