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Oct 25 - 02:36 AM
GBP/USD - Brexit Extension And Snap Election Outlook Contains
First appeared on eFXplus on Oct 24 - 10:50 PM
  • -0.1%, flows once Asia fully opened - at the base of a 1.2840/1.2860 range

  • EUR/GBP trades up 0.1% with modest interest and a 0.8640/0.8645 range

  • GBP on hold as EU and UK lawmakers mull a Brexit extension and snap election

  • SNP asks Labour's Corbyn to back snap general election -The Sun nFWN27916W

  • 1.3000 capped the bounce, consolidation has turned bullish studies neutral

  • Key levels are 1.3010 October high and 1.2700, 38.2% of the October bounce

  • NY 1.2790/1.2930 range is initial support/resistance

gbp2 oct 25 Click here

Source:
Refinitiv IFR Research/Market Commentary

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