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Jun 26 - 03:48 PM
GBP/USD - Shrugs Off Brexit Fears, Holds Support By 10-DMA
First appeared on eFXplus on Jun 26 - 01:40 PM
  • Cable firm into close, ends NY +0.06% at 1.2699; NorAm range 1.2700-1.2665
  • Early GBP/USD dip on better China trade nL8N23X3SR, finds bid pre-10-DMA
  • Brexit, UK politics remain headwinds for further GBP gains
  • EUR/GBP up a touch to 0.8961, Wed range 0.8977-0.8941
  • Pound falls to 23-week low against the euro

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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