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Thomson Reuters
Nov 27 - 09:48 PM
GBP/USD - Parliamentary Acceptance Of Brexit Deal Elusive
First appeared on eFXplus on Nov 27 - 07:25 PM
  • -0.1% in Asia after closing -0.5%, leading the USD higher against the majors
  • May is selling her deal, but victory in parliament is doubtful nL8N1Y249C
  • While this is the case, GBP to remain heavy - no vote = chaos nL8N1Y22O8
  • Dip leaves 5, 10 & 21 DMAs heading lower - negative setup at range base
  • Poised above 1.1225 Nov low, 1.2662 2018 low break would be bearish
  • NY 1.2725/1.2778 range is initial support/resistance

gbp nov 28 Click here

Source:
Thomson Reuters IFR Markets

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