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Thomson Reuters
Dec 28 - 03:48 PM
GBP/USD - Some Constructive Factors Help Boost
First appeared on eFXplus on Dec 28 - 12:40 PM
  • Bulls gain some traction as the 10-DMA continues to limit the downside
  • Rising daily RSI is giving bulls a tailwind, UST yield slip also aids lift
  • Foreign Minister Hunt said govt can get May's Brexit deal through parliament
  • Hunt's comment helps lift near 1.2715/40 zone, Dec 26,25 & 24 highs there
  • Break of 1.2740 should encourage bulls
  • Resistances near 1.2850 and 1.2885 then become bull targets

chart: Click here

Source:
Thomson Reuters IFR Markets

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