Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Aug 26 - 03:48 PM
GBP/USD - Runs Into Trend-Line Resistance Ahead Of 1.2300
First appeared on eFXplus on Aug 26 - 01:35 PM
  • GBP/USD ends NY -0.48% at 1.2220, NorAm range 1.2244-1.2208
  • Pair reversed early Asia gains to 1.2285 on latest China trade angst
  • Talk of softer US-China trade tones lifts risk, USD nP6N23I04L
  • GBP/USD res by recent highs ahead of 1.2300, down TL from May high caps
  • Multiple MA's cap on way to May highs; 55-DMA 1.2410, 100-DMA 1.2620
  • EUR/GBP +0.13% at 0.9081, Mon range 0.9109-0.9063; Brexit fears weigh on GBP

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!