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Thomson Reuters
Jan 09 - 08:36 PM
GBP/USD - USD Led, Despite Soft Data & Brexit Uncertainty
First appeared on eFXplus on Jan 09 - 07:15 PM
  • +0.1% in Asia, after closing +0.6% on broad USD weakness - UK data is soft
  • UK retailers suffer worst Christmas in a decade - BRC - nL9N1M100K
  • PM May lost 2nd vote, as obstacles to a no deal Brexit grow nL8N1Z919E
  • There remains no consensus on the consequences of the deal failing on Jan 15
  • Momentum studies climb, 5, 10 & 21 DMAs edge higher, modest positive bias
  • Last week's 1.2814 then 1.2852, 50% Sep/Jan fall are initial resistance

gbp jan 10 Click here

Source:
Thomson Reuters IFR Markets

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