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Sep 18 - 08:55 AM

GBP/USD - Runs Into Resistance Ahead Of 1.30 Again

By Rob Howard  —  Sep 18 - 07:05 AM
  • Offers just shy of 1.30 are keeping a lid on cable: 1.2999 = Ldn am high

  • 1.2998 was Thursday's high after GBP jumped on von der Leyen's FT interview

  • See: nL1N2GF05M. 1.2993 was Asian session top. 1.30 was post-FOMC peak

  • 1.3008 (Wednesday's high) and 1.3035 are resistance levels beyond the figure

  • Support points include 1.2942 (Asian session base), 1.2900 and 1.2866

  • 1.2866 was Thursday's low nL1N2GE0OO. Second UK lockdown? nL8N2GF11P

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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