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Nov 29 - 10:55 PM

GBP/USD - Busy And Bid, As USD Softens - Brexit Endgame Nears

By Andrew M Spencer  —  Nov 29 - 10:00 PM
  • +0.15% with a slightly softer USD - busy but tight 1.3324-1.3343 range

  • England's COVID-19 infections down 30% during national lockdown nL1N2IF0CP

  • Boris to publish impact assessments on COVID-19 restrictions FT nL4N2IF0QD

  • GBP poised for a move as Brexit conclusion approaches nL1N2IF0M7

  • Charts; momentum studies crest - net positive 5, 10 & 21 DMAs

  • Bias up while 1.3316 10 DMA holds - sustained break turns signals neutral

  • NY 1.3363 high then last week's 1.3399 top are first resistance

  • 1.3284 low Friday and rising 1.3220 21 DMA are initial supports

For more click on FXBUZ


gbp 3 nov 30 Click here

Source:
Refinitiv IFR Research/Market Commentary

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