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Nov 30 - 11:55 PM

GBP/USD - Bid, As The USD Eases - Awaits A Brexit Breakthrough

By Andrew M Spencer  —  Nov 30 - 10:20 PM
  • +0.2%, as the USD slips with risk on, E-mini S&P +0.8%, strong Asia PMIs

  • Trades at the top of a 1.3328-1.3354 range with only modest Asian interest

  • Irish PM hopeful Brexit deal can be done this week nS8N2HS05Y

  • 'No-swab' OptiGene coronavirus test highly sensitive, UK says nL1N2IG1WF

  • Effective track and trace has been key to controlling coronavirus in Asia

  • Charts; momentum studies crest - positive daily and weekly 5, 10 & 21 MAs

  • Bias up while 1.3325 10 DMA holds - sustained break turns signals neutral

  • Asian 1.3328 low and NY 1.3388 high are first support and resistance


    For more click on FXBUZ

gbp 3 dec 1 Click here

Source:
Refinitiv IFR Research/Market Commentary

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