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Thomson Reuters
Jan 30 - 03:48 PM
GBP/USD - Gets Boost From Dovish Fed, Despite Lingering Brexit Fears
First appeared on eFXplus on Jan 30 - 02:15 PM
  • GBP/USD rallies abv 1.3100 after dovish Fed tilt; Fed text- nW1N1YP055
  • 200-DMA (1.3063) holds for now, more support 1.3043 200-HMA
  • Bears in control sub-1.3032 10-DMA, 10-DMA trailed price from early Jan rise
  • UK PM May & opposition leader Corbyn has useful Brexit meeting nS8N1YA033
  • EUR/GBP ends NY 0.8751 flat on day, Wed range 0.8753-0.8714

Chart: Click here

Source:
Thomson Reuters IFR Markets

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