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Thomson Reuters
Feb 08 - 02:36 AM
GBP/USD - BoE Are Lonely Hawks If A Brexit Deal Is Done
First appeared on eFXplus on Feb 07 - 11:00 PM
  • Trades towards the base of a tight 1.2943/58 Asian range - moderate interest
  • UK recruitment agencies reported fewer permanent hires nL3N2021X6
  • If a Brexit deal is done, BoE stand out as solitary hawks nL5N2024YY
  • Fed, ECB, BoJ & RBA all cautious on rates - BoE to fuel post deal GBP bounce
  • Neutral momentum studies, negative 5 DMA cross of 10 & 21 DMAs
  • Bearish bias - close above 1.3028 200 DMA would negate the view

gbp2 feb 8 Click here

Source:
Thomson Reuters IFR Markets

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