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Nov 15 - 10:55 PM

GBP/USD - Bid - Led By A Heavy USD Into The Brexit Finale

By Andrew M Spencer  —  Nov 15 - 10:05 PM
  • +0.15%, USD led with risk on in Asia, higher local stocks, E-mini S&P +0.7%

  • Trades at the top of a 1.3170-1.3224 range with most of the action early

  • Small UK manufacturers have little idea of Brexit impact nL8N2HZ5N3

  • UK to open two new 'megalabs' for COVID-19 tests in early 2021 nL8N2I10FT

  • Charts; momentum studies conflict, 5, 10 & 21 DMAs climb, net positive setup

  • 1.3290 upper 21 day Bolli band and last week's 1.3322 high major resistance

  • 1.3075, 21 DMA and 38.2% Sep-Nov rise is the pivotal support

  • 1.3170 Asian low and 1.3240 61,8% of last week's dip support-resistance

For more click on FXBUZ


gbp nov 16 Click here

Source:
Refinitiv IFR Research/Market Commentary

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