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Nov 22 - 12:12 AM
GBP/USD - Range Dominates, As Conservatives Extend Their Lead
First appeared on eFXplus on Nov 21 - 10:35 PM
  • Cable saw steady interest and trades +0.1% in a 1.2903/1.2921 range

  • EUR/GBP is flat, but saw some significant flow in a 0.8563/67 range

  • Conservatives to raise property purchase tax for non-UK residents

  • A revenue raiser that will be popular with UK voters nL8N2815QH

  • FT's poll tracker, Conservatives hot favourites, +13pts from +11 over Labour

  • Charts - 5, 10 & 21 DMAs gently edge higher - modest topside bias

  • Six week 1.2770/1.3012 range looks set to extend unless the USD trends



gbp 2 nov 22 Click here

Source:
Refinitiv IFR Research/Market Commentary

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