Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 31 - 08:36 AM
GBP/USD - Gets Closer To 1.32 As 2020 Approaches
First appeared on eFXplus on Dec 31 - 06:25 AM
  • GBP/USD hits 1.3187 after adding to gains from 1.3106 (early Europe low)

  • 1.3187 is a two-week high and 287 pips above last week's low

  • Year-end USD selling has influenced cable's ascent to 1.3187

  • Offers may emerge around 1.3200 if GBP/USD extends north

  • 1.3208 is 50% of 1.3516 (Dec 12 high) to 1.2900 (Dec 25 low)

  • BUZZ-GBP longs hope the new year's force is with them nL1N29503O

GBPUSD: 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
!