By Rob Howard — Dec 23 - 03:00 AM
Cable reaches 1.2067 after pushing recovery envelope from 1.1993 (Dec low)
1.1993 was plumbed on Q3 UK GDP downward revision/U.S. GDP upward revision
Lift from 1.1993 aided by profit-taking on shorts pre-Christmas holidays
1.2446 was six-month high last week. 1.2086 and 1.2100 are resistance levels
U.S. House to vote on $1.66 trillion spending bill. Deep freeze grips U.S.
Thousands of UK ambulance staff to stage more strikes in Jan nL1N33C1GT
Source:
Refinitiv IFR Research/Market Commentary