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Thomson Reuters
Feb 07 - 09:48 PM
GBP/USD - Optimism While Brexit Talks Extend, Bearish Charts
First appeared on eFXplus on Feb 07 - 07:30 PM
  • Steady early, volatile & closed +0.2%, US/China trade & BoE led nL1N20216S
  • Brexit vote may go down to the March wire - The Guardian nL3N2023I3
  • Chance of a Brexit deal increases as talks continue nL9N1X9021
  • Neutral momentum studies, negative 5 DMA cross of 10 & 21 DMAs
  • Bearish bias - close above 1.3028 200 DMA would negate the view
  • NY 1.2854/1.2997 range is initial support/resistance

gbp feb 8 Click here

Source:
Thomson Reuters IFR Markets

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