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Jul 25 - 03:48 PM
GBP/USD - Dips After Juncker Stands Firm On Brexit Agreement
First appeared on eFXplus on Jul 25 - 01:30 PM
  • GBP/USD offered into NY close -0.35% at 1.2439; NorAm range 1.2518-1.2438
  • EU's Juncker: withdrawal agreement is best & only agreement nB5N19N01E
  • Johnson's Brexit commitment means beware any GBP/USD rise
  • Dovish ECB hold hints at broad lower global rate, growth view nAPN03N5E2
  • PM Johnson zeal for Brexit with or without deal weighs on GBP/USD
  • Resistance 1.2518 Thurs high, 1.2522 Wed high and 1.2532 21-DMA

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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