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Thomson Reuters
Jan 01 - 09:48 PM
GBP/USD - Tight In Asia, As PM May Continues To Sell Her Deal
First appeared on eFXplus on Jan 01 - 07:50 PM
  • Shade softer in a quiet Asia so far, after Monday's 0.4% short squeeze
  • PM May continues to sell her Brexit deal as the best UK option nL8N1Z01QA
  • Momentum studies edge higher, 5, 10 & 21 DMAs base or point north
  • Positive setup, but a USD sell off or Brexit breakthrough needed to sustain
  • 1.2800 584M strikes then Monday's NY 1.2814 high initial resistance
  • Monday's NY afternoon 1.2719 low then 1.2682 Asian base first support

gbp jan 2 Click here

Source:
Thomson Reuters IFR Markets

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