Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 19 - 03:55 PM

GBP/USD's Early COVID-Related Slide Reversed As Brexit Talks To Go On

By Paul Spirgel  —  Nov 19 - 01:45 PM
  • GBP/USD ending NY -0.22% at 1.3235; NorAm range 1.3256-1.3198

  • Pair dipped in early Noram on COVID-related EU-UK trade disruption

  • GBP/USD rallied from 1.3198 as negotiations will go on nL8N2HC6BF

  • Supt at 10-DMA by 1.3209 probed, holds for now; below eyes cloud top 1.3079

  • Res at upper 30-d Bolli at 1.3307, then Nov 11 trend high at 1.3322

  • EUR/GBP +0.18% at 0.8951, Thurs range 0.8963-0.8926; GBP weak leg on pot'l Brexit negotiation delay

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!