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Thomson Reuters
Mar 07 - 08:36 PM
GBP/USD - Struggles As Brexit Vote Looms
First appeared on eFXplus on Mar 07 - 06:25 PM
  • GBP/USD down 0.7% Thurs as Brexit deadline looms and talks continue
  • Brexit talks hit an impasse, 'meaningful vote' set for March 12 nL5N20U3QC
  • Momentum studies and s/t MAs turn lower in bearish signal
  • So far has held 50% retracement at 1.3062 and 21 DMA at 1.3057
  • Close below 21 DMA targets 61.8 Fibo at 1.2994
  • Resistance now at Thursday's high and 10 DMA at 1.3182/85

GBP daily: Click here

Source:
Thomson Reuters IFR Markets

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