By Robert Fullem — Dec 23 - 02:35 PM
GBP/USD maintains loss amid rising Trsy yield and dollar gains
Stays in lower end of 1.2510-1.2586 day's range; lower highs weighs
UK growth worries persist after GDP unchanged in Q3, soft retail sales
Lower Bollinger at 1.2506 offers support ahead of Dec 20 low at 1.2475
A close below 1.25 psychological level would target 1.2299 YTD low
Need move above the 1.2662 21-DMA to shift bearish tone
55-DMA crosses below its 200-DMA above 1.2800
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Source:
London Stock Exchange Group | Thomson Reuters