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Nov 27 - 07:55 AM

GBP/USD - Threatens 1.3300 After Brexit Angst-Fuelled Fall

By Rob Howard  —  Nov 27 - 07:30 AM
  • Cable elicited support near 1.3300 after extending south from 1.3381

  • Drop to threaten 1.3300 fuelled by concerns about EU-UK trade talks

  • 1.3381 was early Ldn high, before news from Barnier's briefing to EU envoys

  • See: nL8N2ID1LS. EU and UK say big differences remain nL1N2ID0DP

  • Prior demand around 1.3300 propped GBP/USD on Wednesday and Tuesday

  • EU to offer UK fish deal in bid to break Brexit deadlock - RTE nS8N2HZ0AU

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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