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Thomson Reuters
Nov 26 - 08:36 PM
GBP/USD - CORRECTED-BUZZ-GBP/USD-Waiting For The Next Significant Surprise
First appeared on eFXplus on Nov 26 - 07:20 PM

Corrects month in third line

  • +0.05% after closing -0.1% - treads water as dust settles in the Brexit deal
  • May is selling the deal on the fear of a potential hard Brexit nL8N1Y14ZI
  • The parliamentary vote is scheduled for Dec 11th - it will be a rocky road
  • In a second week of choppy 1.2670/1.2930 consolidation - neutral setup
  • Either a big USD move on G20, Trump/Xi or UK political shock to break range
  • NY 1.2797 low & 1.2829, 38.2% of yesterday's fall initial support/resistance

gbp nov 27 Click here

Source:
Thomson Reuters IFR Markets

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