By Ewen Chew — Feb 03 - 08:39 PM
• GBP/USD reverts lower to 1.2410 from Mon close 1.2448
• Deflecting away from Bollinger uptrend channel again
• Needs a close above 1.2441 to restore upward potential
• Failing which, will consolidate lower to 21 DMA 1.2348
• Optimism for Trump toning down tariffs may soon fade
• Negotiation possible but EU will still feel some pain
GBP:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
