Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Dec 31 - 09:48 PM
GBP/USD - REFILE-BUZZ-GBP/USD Surrenders Big Chunk Of Gains As Session Winds Down
First appeared on eFXplus on Dec 31 - 12:10 PM

Repeats to additional subscribers

  • GBP/USD's foray above 1.2800 ends in the waning hours of 2018
  • Rise stopped at 55-dma resistance, further resistance Dec 4 high 1.2840
  • Thinning liquidity most likely the culprit behind the drop
  • Year-end flows and short-covering had helped on the way up nL1N1Z006D
  • Now fighting back, reclaims 1.2760 after slide from near 4-week high 1.2814
  • EUR/GBP rebounds sharply after falling to 0.8928, lowest since Dec 7

GBP/USD 12/31/18: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!