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Thomson Reuters
Nov 28 - 08:36 PM
GBP/USD - Real Hard Brexit Fear Needed To Break 1.2660
First appeared on eFXplus on Nov 28 - 06:55 PM
  • Shade firmer in Asia after closing +0.6% on broad USD weakness post Powell
  • Labour to propose amendment aimed at avoiding no-deal Brexit nL8N1Y36SL
  • BoE warned a no deal Brexit could be worse than the GFC for UK nL8N1Y30R1
  • Bounce has turned momentum studies and 5, 10 & 21 DMA neutral from negative
  • 1.2660/1.2725 a bear trap in 2018, major hard Brexit fears needed to break
  • NY 1.2743/1.2764 range is initial support/resistance

gbp nov 29 Click here

Source:
Thomson Reuters IFR Markets

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