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Thomson Reuters
Dec 03 - 03:48 AM
GBP/USD - Creeps Higher, But Brexit Worries The Main Concern
First appeared on eFXplus on Dec 02 - 10:35 PM
  • GBP/USD up 0.2% in Asia after w/e trade truce between China and the US
  • But Brexit worries remain as Labour threatens contempt proceedings
  • Cable range in Asia 1.2733/90 last at 1.2771
  • S/t MAs and momentum studies head lower in negative technical set up
  • Clear support at recent 1.2725 lows with a break signalling next leg lower
  • Resistance at recent daily highs at 1.2845/50, a selling opportunity

GBP daily: Click here

Source:
Thomson Reuters IFR Markets

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