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Feb 21 - 07:55 PM

GBP/USD - 1.4000 History, As Johnson Plots Unwinding Lockdown

By Andrew M Spencer  —  Feb 21 - 06:39 PM
  • +0.1% in a quiet start to the week - no market moving weekend news

  • PM Johnson to plot path out of coronavirus lockdown on Monday nL1N2KR0DH

  • Northern Ireland parties take legal action against Brexit deal nL1N2KR0AR

  • Smooth implementation of the Brexit deal for the Irish essential for peace

  • Charts; 5, 10 & 21 daily weekly and monthly moving averages climb

  • 1.4037 trend channel top from December capped Friday, today at 1.4047

  • Close below 1.3898 rising 10 DMA would undermine the topside bias

  • NY 1.4000 - 1.4036 range is initial support and resistance

For more click on FXBUZ


gbp feb 22 Click here

Source:
Refinitiv IFR Research/Market Commentary

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