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Thomson Reuters
Jun 26 - 09:48 PM
GBP/USD - Little Light At The End Of The Brexit Tunnel
First appeared on eFXplus on Jun 26 - 07:50 PM
  • Little changed early, after closing -0.5% with EUR/GBP flat on USD strength
  • UK lawmakers think government is underestimating Brexit cost nL8N1TS4J3
  • UK & EU business representatives need urgent Brexit progress nL8N1TS64B
  • Hard to be a GBP bull on a longer term basis as Brexit end game approaches
  • Neutral momentum studies, 5, 10 & 20 DMAs conflict - little short term bias
  • NY 1.31921.3256 range is initial support/resistance

gbp jun 27 Click here

Source:
Thomson Reuters IFR Markets

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