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Thomson Reuters
Mar 12 - 02:36 PM
GBP/USD - Daily Range Widest Since Nov 15, Brexit Vote Ahead
First appeared on eFXplus on Mar 12 - 01:00 PM
  • Cable's 285 pip intra-day range, 1.3005-1.3290, is largest since Nov 15
  • 305 pips = size of range on Nov 15 (when Raab resigned as Brexit Secretary)
  • Nov 15 range was widest since 347 pips on 9 June 2017 (UK election shock)
  • 393 pips was size of range on 18 Apr 2017, when May called snap election
  • Today's big range precedes 1900GMT vote on May's Brexit deal nL8N20Z22T
  • Ladbrokes-1/25 MPs reject May's Brexit deal, 10/1 MPs approve deal

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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