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Nov 20 - 07:55 AM

GBP/USD - Holds Below 1.33 As Brexit Deal Clock Ticks

By Rob Howard  —  Nov 20 - 05:35 AM
  • Cable ran into resistance ahead of 1.33 after rallying off 1.3251

  • 1.3251 was the traded low after a Brexit report hurt GBP nL1N2I60GN

  • Brexit deal still snagged on three main issues, EU envoys told nL8N2I61SQ

  • GBP/USD has only traded above 1.3300 on two days in the past 11 weeks

  • 1.3312 was Wednesday's high (after RSA takeover news). 1.3322 = Nov 11 top

  • Only 5 of 60 economists expect sub-zero BoE rates-Reuters poll nL1N2I60K5

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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