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Jan 04 - 03:55 AM

GBP/USD - Close To 32-Month High As 2021 Gets Underway

By Rob Howard  —  Jan 04 - 02:15 AM
  • Cable scaled a 32-month peak two pips shy of 1.3700 in Asia nL1N2JF05Q

  • First day of trading since Britain left the EU's orbit nL4N2JA2G2

  • 1.3686 was Dec 31 high (ensuing retreat based by 1.3625, Dec 17 high)

  • GBP/USD bull targets include 1.3773 (May 2018 high) and 1.40

  • 'Pivotal moment' as Britain set to roll out AstraZeneca vaccine nL8N2JE0FW

  • Senate control at stake in Georgia run-off elections Tuesday nL1N2JE06N

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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