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Thomson Reuters
Jun 05 - 09:48 PM
GBP/USD - Firmer As USD Continues To Lead, 1.2800 Pivotal
First appeared on eFXplus on Jun 05 - 07:40 PM
  • +0.1%, as the USD softened on reports of a breakdown in US/Mexican talks
  • Report false, Trump says progress made, but 'not nearly enough' nW1N22K00I
  • UK press dominated by D-Day commemorations, dwarfing politics and economy
  • Close above 1.2801, 38.2% of the May fall needed to end primary downtrend
  • Momentum studies climb, 5, 10 & 21 DMAs conflict, which is a neutral setup
  • 1.2664/73 10 & 5 DMAs first support, with 1.2743 21 DMA initial resistance

gbp jun 6 Click here

Source:
Thomson Reuters IFR Markets

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