Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Dec 06 - 03:48 AM
GBP/USD - Busy And Edged Lower, But 1.2660 Remains Resilient
First appeared on eFXplus on Dec 05 - 11:00 PM
  • -0.1%, in a 1.2718/36 range - solid interest once Asia fully opened
  • EUR/GBP trades +0.2%, with only occasional flow in a 0.8913/21 range
  • CBI warned of severe hard Brexit risk to the economy nL8N1YA4RE
  • Neutral momentum studies, 5, 10 & 21 DMAs trend south - negative setup
  • 1.2650 break would be a strong bearish signal, but these are 2018 lows
  • 1.2660 holds - is all the bad news apart from a hard Brexit priced in?

gbp2 dec 6 Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!