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Sep 26 - 09:48 PM
GBP/USD - PM's Advisor Relaxed Amid Parliamentary Turmoil
First appeared on eFXplus on Sep 26 - 08:10 PM
  • Touch firmer after closing off 0.2% on Brexit uncertainty and a firmer USD

  • Johnson's top adviser on UK's current Brexit chaos 'A walk in the park'

  • Boris top advisor Cummings remains upbeat on election outlook nL5N26H6OV

  • UK GfK consumer confidence ticks back up to a still weak -12 nL9N22K011

  • Close below 1.2344, 38.2% of Sept bounce and 1.2351 21 DMA is bearish

  • Momentum studies, 5 & 10 DMA's fall - next stop is 1.2271 50% Sept rise

  • 1.2303 London low and 1.2366 NY high initial support/resistance

gbp sep 27 Click here

Source:
Refinitiv IFR Research/Market Commentary

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