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Oct 28 - 08:36 AM
GBP/USD - Respects Friday High After EU Agrees Brexit Delay
First appeared on eFXplus on Oct 28 - 06:30 AM
  • Offers pre-1.2863 keep lid on cable after EU agrees Brexit delay to Jan 31

  • See: nL8N27D158. 1.2863 was Friday's high. 1.2858 = European am high

  • Resistance levels beyond 1.2863 include 1.2875, 1.2900 and 1.2927

  • 1.2927 was Thursday's NY high -- before Johnson called for Dec 12 election

  • LibDems and SNP want an election on Dec 9 nL8N27C0E2nL2N27D03O

  • 1.2805, 1.2790 and 1.2763 are GBP/USD support points nL2N27A079

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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