Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 29 - 12:12 PM
GBP/USD Is Sideshow To EUR/USD As 1.33 Flips To Resistance
First appeared on eFXplus on May 29 - 10:35 AM
  • Cable rise from 1.3205 (six-month low) aided by some profit-taking on shorts
  • Profit-take flow kicked in after bids pre-1.3200 based European am drop
  • 1.3200 is an option barrier level
  • Rise from 1.3205 topped out a pip shy of 1.3293 (pre-weekend low)
  • EUR/GBP fell to one-month low two pips shy of 0.8696 during European am
  • 0.8696 = 1.15 GBP/EUR. Cross fall spurred by Italy turmoil nL5N1T02Q3

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About Us
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!