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Dec 06 - 05:55 PM

GBP/USD - Sterling Under Pressure, As Brexit Deal Hopes Slip

By Andrew M Spencer  —  Dec 06 - 03:40 PM
  • -0.55% in early Asia, as expectations of a Brexit deal dip to 50-50

  • Talks will resume, but key issues remain unresolved nL1N2IM03H

  • Johnson and von der Leyen to hold crunch talks on Monday evening

  • Britain to roll-out of Pfizer's COVID-19 vaccine this week nL1N2IM04X

  • Charts; daily and weekly 5, 10 & 21 MAs continue to track higher

  • Bias remains higher while closes above 1.3304 rising 21 DMA

  • Opening 1.3417 high becomes initial resistance, then 1.3540 NY high

  • 1.3304 21 day MA, then last week's 1.3288 base are initial supports

    For more click on FXBUZ

gbp dec 7 Click here

Source:
Refinitiv IFR Research/Market Commentary

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