By Andrew M Spencer — Dec 06 - 10:25 PM
Flat at the top of a 1.3360-1.3436 range - hectic early on Brexit news
Fell 0.5% on news that Brexit key issues remain unresolved nL1N2IM0HX
Sterling showed real resilience to bounce back from stalemate nL1N2IM0K4
Suggests that the market is confident that a deal will be found
Charts; daily and weekly 5, 10 & 21 MAs continue to track north
Initial resistance comes in at Friday's 1.3540 high
Bias higher while closes above 1.3307 rising 21 DMA
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Source:
Refinitiv IFR Research/Market Commentary