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Thomson Reuters
Jan 30 - 02:36 AM
GBP/USD - Bargain Hunting In Asia, But It Could Be Premature
First appeared on eFXplus on Jan 29 - 10:50 PM
  • +0.2% in a positive response to the apparent Brexit impasse nL5N1ZT2CZ
  • At the top of a 1.3062/1.3097 range with decent volumes for most of the day
  • May to argue for "alternative arrangements" for Irish backstop with EU
  • Firm negative EU response suggests GBP good news is priced in nL1N1ZU014
  • Significant levels are 1.3053 200 DMA and last week's 1.3218 high
  • Daly charts remain positive, as 5, 10 & 21 DMAs head north

gbp3 jan 30 Click here

Source:
Thomson Reuters IFR Markets

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