Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Apr 10 - 09:48 PM
GBP/USD - Brexit Extension Poses More Questions Than Answers
First appeared on eFXplus on Apr 10 - 07:25 PM
  • Flat in Asia - no response to EU Brexit extension until Oct 31 nL8N21S1RE
  • Opens the door to a fresh election, a second referendum or both
  • Net result is an extended period of political uncertainty in the UK
  • Likely continued political turmoil to undermine confidence/investment/GBP
  • Pivotal support @ 1.2975 200 DMA, a base Friday and on the close in March
  • 1.3145/47, 21 DMA and TL from the March high initial significant resistance

gbp apr 11 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
!