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Aug 12 - 03:48 PM
GBP/USD - Bulls Get Slight Relief From Italian Politics
First appeared on eFXplus on Aug 12 - 01:45 PM
  • GBP/USD ending NY +0.4% at 1.2075; NorAm range 1.2106-1.2062
  • Pair boosted early on EUR/GBP selling on Italian political woes nL8N2581HP
  • The Italian job: sterling skirts Brexit fears again
  • GBP/USD offers ahead of 10DMA 1.2129, supt 1.2015 Mon low, 1.1983 Jan'17 low
  • EUR/GBP -0.25% at 0.9283, Mon range 0.9326-0.9248; Italy woes weigh, dip from 2-yr high shallow

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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