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Dec 10 - 11:55 PM

GBP/USD - Soft USD Supports - Caution Into Super Sunday

By Andrew M Spencer  —  Dec 10 - 10:05 PM
  • +0.1% with the USD softer in a 1.3293-1.3315 range with moderate flow

  • UK retail warns of higher food prices with no EU trade deal nL8N2IQ6E2

  • UK's test and trace system must improve, watchdog says nL8N2IQ4Q9

  • Asian experience shows accurate test and trace key to coronavirus control

  • Charts; daily momentum studies edge lower, 5, 10 & 21 DMAs conflict

  • Neutral signals suggest further consolidation into Sunday's Brexit deadline

  • 1.3210 38.2% of the September/December bounce remains initial key support

  • Last week's 1.3540 trend high is the first significant resistance

    For more click on FXBUZ

gbp 2 dec 11 Click here

Source:
Refinitiv IFR Research/Market Commentary

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