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Thomson Reuters
May 24 - 07:24 AM
GBP/USD - Falls Half-A-Cent From Post-May Exit News High
First appeared on eFXplus on May 24 - 05:35 AM
  • Cable down half-a-cent from 1.2710 high immediately after PM May exit news
  • See: nL5N2300L0. 1.2710 = high since Thursday's 1.2605 low
  • 1.2605 = 20-week low, courtesy of heightened fears of a no-deal Brexit
  • Boris Johnson is the bookmakers' favourite to succeed May nL5N22Z4F0
  • BUZZ-GBP/USD could drop to 1.20 if Boris gets the gig
  • 0.8804 was immediate EUR/GBP low after May exit news, 0.8832 = ensuing high

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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