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Thomson Reuters
Jan 07 - 08:36 PM
GBP/USD - Brexit Delay? - Positive Signals Are Building
First appeared on eFXplus on Jan 07 - 06:25 PM
  • Fresh marginal 1.2790 high early, extending yesterday's 0.5%, USD led gain
  • UK Telegraph, UK and EU officials discussing delay to Brexit nL8N1Z763E
  • If a delay occurs it would be good news for those seeking another referendum
  • Momentum studies climb, 5, 10 & 21 DMAs edge higher, modest positive bias
  • Close above 1.2747, 38.2% of the Sep/Jan fall adds to the positive scenario
  • NY afternoon 1.2753 low and last week's 1.2814 high first support/resistance

gbp jan 8 Click here

Source:
Thomson Reuters IFR Markets

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