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Refinitiv
Oct 28 - 09:48 PM
GBP/USD - Closing In On Brexit End Game - Risk Skewed Higher
First appeared on eFXplus on Oct 28 - 07:30 PM
  • Flat after closing +0.2% with a tight range and EUR/GBP little changed

  • Brexit as expected, EU extended, PM still seeks an election nL8N27D21P

  • Boris has a decent chance of securing a Dec election tomorrow nL8N27D4HQ

  • Conservatives are hot favourites in the book makers and polls nL8N27B0GI

  • If PM gets his election, the 1.3010 resistance will be vulnerable

  • Bounce stalled around 1.3000, consolidation since leaves a neutral setup

  • Key levels are 1.3012 October high and 1.2700, 38.2% of the October bounce

gbp oct 29 Click here

Source:
Refinitiv IFR Research/Market Commentary

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