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Thomson Reuters
May 15 - 05:00 AM
GBP/USD - Within Strike Of 1.29 As MV4 Clock Starts Ticking
First appeared on eFXplus on May 15 - 03:05 AM
  • Bids just shy of 1.2900 have propped cable since Tuesday's drop from 1.2964
  • 1.2903/04 = Tuesday/Asia lows. 1.2964 was early NY high Tuesday
  • There is a large 1.2900 option expiry for today's NY cut, GBP 553mn strike
  • May to launch new push on her Brexit deal week beginning June 3 nL5N22Q1QL
  • Govt sources say if deal voted down for 4th time, no 5th attempt-BBC's Smith
  • See: nFWN22R06X. GBP/USD bear targets include 1.2850 and 1.2773 (Feb low)

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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