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Dec 03 - 02:36 PM
GBP/USD - To New 6-Week High On Widening Tory Poll Lead
First appeared on eFXplus on Dec 03 - 12:45 PM
  • GBP/USD firm in NY aft, trades 1.3014 new 6-wk high, NY range 1.3014-1.2977

  • Pair buoyed by widening Tory-Labour poll data, expected Tory majority

  • Tory-positive poll data boosts GBP/USD above 1.3000 nL1N28D0EL

  • Res now at 1.3051, the 100-WMA, 1.3103, the 200-WMA; supt 1.2890 the 30-DMA

  • EUR/GBP -0.39% at 0.8525, Tues range 0.8563-13; pos elex/Brexit vibe lifts GBP

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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