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Derived real-time data in partnership with:
Thomson Reuters
Jan 31 - 09:48 PM
GBP/USD - Brexit Takes A Well Earned Rest - 200 DMA Pivotal
First appeared on eFXplus on Jan 31 - 07:40 PM
  • Flat in Asia after closing little changed, as Brexit news takes a breather
  • 2018 UK car industry investment off nearly 50% on Brexit fears nL5N1ZV3BQ
  • Neutral momentum studies, 5 DMA has rolled over, while the 10 & 21 DMAs rise
  • Setup remains net positive, but a close below 1.3045 200 DMA would end bias
  • 1.3161 NY high then 1.3200 234M strikes & 1.3218 January top are resistance
  • NY 1.3098 low then 1.3073 10 DMA are initial supports

gbp feb 1 Click here

Source:
Thomson Reuters IFR Markets

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