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Derived real-time data in partnership with:
Thomson Reuters
Apr 14 - 11:00 PM
GBP/USD - Positive EUR/GBP Setup, As Brexit Goes Underground
First appeared on eFXplus on Apr 14 - 08:50 PM
  • GBP/USD +0.1% with EUR/GBP flat, after a quiet weekend for component news
  • Brexit no longer the driving force for the cross after last week's extension
  • Component data and charts become more significant - no tier 1 releases today
  • Neutral EUR/GBP momentum studies, 5, 10 & 21 DMAs edge higher, bullish setup
  • Targets another test of 0.8713, 38.2% of the 2019 fall
  • NY 0.8622 low and London 0.8655 high support/resistance

eug apr 15 Click here

Source:
Thomson Reuters IFR Markets

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