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Nov 18 - 08:36 PM
GBP/USD - Range Top In View Ahead Of Johnson-Corbyn Debate
First appeared on eFXplus on Nov 18 - 06:20 PM
  • Flat after closing up 0.4%, as Conservatives extend poll lead nL5N27W0GZ

  • Johnson ditched corporation tax cut for NHS spending pledge nL8N27Y2N1

  • Tuesday's Johnson/Corbyn election debate potential significant event risk

  • Charts - momentum studies, 5, 10 & 21 DMAs conflict - neutral setup

  • After forming a touch lower 1.2770 range base, October top in view

  • Six days of higher daily lows targets 1.3012 Oct/Nov range top

  • London 1.2922/1.2985 range is initial support/resistance

gbp nov 19 Click here

Source:
Refinitiv IFR Research/Market Commentary

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