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Dec 07 - 05:55 AM

GBP/USD - Drops To Two-Week Low On Brexit-Related News

By Rob Howard  —  Dec 07 - 03:45 AM
  • Cable drops to 1.3258 (lowest level since Nov 20) on Brexit-related news

  • UK PM Johnson ready to pull out of Brexit talks - The Sun says nS8N2I9043

  • Impossible to say if there will be an EU-UK trade deal - senior EU official

  • See: nB5N2HP04HnL8N2IN16Q. 1.3368 was early London low nL1N2IN0DZ

  • 1.3249 (Nov 20 low) and 1.3200 are support points (1.3198 was Nov 19 low)

  • 1.3288 (last week's low) and 1.3360 (Asia low) are now resistance levels

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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