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Thomson Reuters
Nov 22 - 11:00 PM
GBP/USD - Gibraltar Now Pivotal - Then UK Parliament Looms
First appeared on eFXplus on Nov 22 - 06:55 PM
  • Flat in Asia after closing +0.8% on EU % UK Brexit agreement nL8N1XX336
  • Gibraltar the remaining obstacle and Spain could veto the deal nFWN1XX0M8
  • Even if deal agreed on Sunday - passing the UK parliament will be tough
  • Bounce leaves momentum studies basing, 5, 10 & 21 DMAs conflict
  • Setup switched from bearish to neutral, close above 1.2902 21 DMA to confirm
  • Late London/Canada 1.2851/1.2901 range is initial support/resistance

gbp nov 23 Click here

Source:
Thomson Reuters IFR Markets

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