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Dec 24 - 02:55 AM

GBP/USD - Eyes Wednesday High Before Expected EU-UK Deal News

By Rob Howard  —  Dec 24 - 02:20 AM
  • GBP buoyed by expected EU-UK trade deal announcement nL8N2J400Z

  • UK PM Johnson to hold news conference around 0800GMT - BBC nS8N2IN00W

  • 1.3562 was cable high in Asia, seven pips shy of Wednesday's intra-week peak

  • Wednesday's rise to 1.3569 fuelled by EU-UK deal expectation nL8N2J30ZR

  • Retreat from 1.3569 based at 1.3465 (1.3475 was Monday's Asian session high)

  • 1.3600 and 1.3625 (Dec 17, 31-month top) are resistance levels beyond 1.3569

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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