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Thomson Reuters
Oct 26 - 05:00 AM
GBP/USD - REFILE-BUZZ-GBP/USD And Brexit Looking Ugly Early Friday
First appeared on eFXplus on Oct 26 - 02:45 AM

Adding rate

  • A stand out dip late NY to 1.2795 from 1.2832 but very brief
  • Brexit negotiations stalemate story on Bbg blamed
  • Brexit talks at standstill, May's can't agree way foreword
  • Not really new news and limited Sterling reaction as a result
  • GBP/USD now hugging lows around 1.2800-30, very little bounce
  • Does not bode well for cable: Significant down week on the cards

GBP/USD Hourly Candle Chart: Click here

Source:
Thomson Reuters IFR Markets

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