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Thomson Reuters
Feb 26 - 08:36 PM
GBP/USD - Optimism Rules, But A Brexit Deal Remains Elusive
First appeared on eFXplus on Feb 26 - 06:50 PM
  • Shade firmer, after leading the USD lower offshore, closing +1.2%
  • Parliament can now rule out a no deal Brexit on March 13 nL5N20L1KU
  • Brexit noise/debate today in parliament, but unlikely to impact [nL5N20L7NF
  • Stalled short of 1.3295 Sep high - no progress on UK/EU Brexit compromise
  • Daily & weekly momentum studies, 5, 10 & 21 DMAs rise - positive setup
  • Strong 1.3300 resistance, 1.3363 July high & 1.3393, 50% 2018/19 fall above

gbp feb 27 Click here

Source:
Thomson Reuters IFR Markets

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