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Derived real-time data in partnership with:
Thomson Reuters
Apr 02 - 02:36 AM
GBP/USD - Hangs In Despite Turmoil, 200 DMA Pivotal Support
First appeared on eFXplus on Apr 01 - 10:55 PM
  • Parliament rejected all 4 indicative votes in early Asia nL8N21J35B
  • -0.3%, in a 1.3030/1.3113 range, busy on UK votes, then quiet in Asia
  • EUR/GBP traded 0.8556/0.8590 in Asia - busy early then little interest
  • GBP resilient, despite Brexit disarray - breakthrough is urgent nL1N21J1RZ
  • Charts remain negative - momentum studies, 5, 10 & 21 DMAs head south
  • 1.2977 200 DMA a base Friday - close below would be a strong bearish signal

gbp3 apr 2 Click here

Source:
Thomson Reuters IFR Markets

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