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Thomson Reuters
Aug 05 - 09:48 PM
GBP/USD - Brexit Uncertainty Dominates As Fox Joins Carney
First appeared on eFXplus on Aug 05 - 07:00 PM
  • Opened flat after Friday's 0.1% fall - Brexit uncertainty dominates
  • Trade min Fox - intransigent EU pushing UK to a hard Brexit nL5N1UV0J0
  • Fox is pro Brexit, but he adds to Carney's comments on Friday nL5N1UU1P3
  • Momentum studies, 5, 10 & 20 DMAs track south - trending setup
  • 1.2958 2018 low in view - close below targets 1.2898 61.8% 2017/18 rise
  • Close above 1.3134 21 DMA needed to undermine downside bias

gbp aug 6 Click here

Source:
Thomson Reuters IFR Markets

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