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Dec 30 - 07:55 AM

GBP/USD - Rises Through 1.36 After UK Approves AZ Vaccine

By Rob Howard  —  Dec 30 - 06:14 AM
  • Cable rises to 1.3610 after UK first to approve AZ/Oxford COVID-19 vaccine

  • See: nL8N2JA0KE. 1.3610 is the highest level since Xmas Eve

  • 1.3620 was the high on Xmas Eve -- when EU and UK agreed a trade deal

  • UK and EU look to new chapter as final hurdles to Brexit clear nL1N2JA0HB

  • Xmas Eve GBP/USD high was 5 pips shy of the 31-month peak scaled on Dec 17

  • 1.3556 (Asia high) and 1.3523 (Tuesday's high) are now support points

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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