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Refinitiv
Oct 24 - 09:48 PM
GBP/USD - UK Election And An EU Extension, Cat And Mouse Game
First appeared on eFXplus on Oct 24 - 07:20 PM
  • Touch softer, after yesterday's 0.5% fall, as Brexit twists and turns weigh

  • PM's Dec 12 election call weighed, lawmakers await EU extension nL5N27931J

  • EU to discuss a Brexit extension today, but perhaps no decision nL5N2799UJ

  • Bounce stalled at 1.3000, consolidation has turned bullish studies neutral

  • Key levels are 1.3010 October high and 1.2700, 38.2% of the October bounce

  • NY 1.2790/1.2930 range is initial support/resistance























gbp oct 25 Click here

Source:
Refinitiv IFR Research/Market Commentary

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