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Thomson Reuters
Feb 27 - 05:00 AM
GBP/USD - Brexit Bid Holding And 30DMA Bolli Widening
First appeared on eFXplus on Feb 27 - 03:05 AM
  • Brexit optimism underpinning but risk of snap backs on uncertainty
  • Range break and a new 2019 and five month high Tues at 1.3288
  • A little rich on the dailies and weeklies bang into cloud resistance
  • Daily RSI flattens out and positive momentum easing but Bolli bands wider
  • Corrective action to provide buying opportunities
  • Below 1.2994 200DMA to damage up move: pivot resistance at 1.3326 a target

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Source:
Thomson Reuters IFR Markets

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