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Dec 09 - 02:36 PM
GBP/USD - Rises On Tory Poll Lead, Has Trouble Clearing Key Fib By 1.3168
First appeared on eFXplus on Dec 09 - 01:20 PM
  • GBP/USD ends NY 1.3150, +0.11%; NorAm range 1.3176-1.3136

  • Pair drifts higher on upbeat Tory elex vibe, exp'd orderly Brexit Jan 31

  • UK Tory election hope propels GBP/USD to 7-mos high abv key Fib nL1N28J0IN

  • USD soft on back of China exp miss, Dec 15 tariff uncertainty nL4N28I11X

  • EUR/GBP adds to gains +0.12% at 0.8410, Mon range 0.8426-0.8394 nL1N28J0RL

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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