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Nov 27 - 07:24 AM
GBP/USD - Eyes Asia High After Rising From Intra-Week Low
First appeared on eFXplus on Nov 27 - 05:25 AM
  • Cable threatens 1.2869 (Asian session high) after rallying off 1.2827

  • 1.2827 was early Europe intra-week low, five pips shy of Nov 22 low

  • See: nL1N28705V. Rally aided by some profit-taking on GBP shorts

  • Offers expected near 1.29 if GBP/USD extends north

  • 1.2898 was Tuesday's early Europe high, pre-Kantar poll nL8N2854JE

  • YouGov poll Tuesday also said Tory lead vs Labour is 11 points nL8N2864RO

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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