By Robert Fullem — Dec 16 - 01:45 PM
GBP/USD breaks streak of lower high, nears 1.27 before settling
Rise followed a drop to 1.2635 day's low after US ISM services beat
GBP/JPY moves above 194.84 200-DMA to three-week high amid yen sales
EUR/GBP slides after failing to top 0.8330 55-DMA
Upcoming data includes UK jobs on Tuesday and CPI on Wednesday
BOE expected to hold rates at 4.75% on Thursday, Fed seen cutting Wed.
Seasonals support sterling into year-end
Two-year ascending trendline near 1.2600 and 1.2611 Jan. 2 low support
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters