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Thomson Reuters
Jan 11 - 02:36 AM
GBP/USD - Asia Stands Aside, As The Brexit Deal Vote Looms
First appeared on eFXplus on Jan 10 - 11:00 PM
  • Flat in a 1.2744/1.2758 range, as USD/CNH led the USD lower, EUR/GBP +0.2%
  • Cable and the cross sidelined in Asia, as next week's Brexit deal vote looms
  • May looks set to lose the vote, but what follows in parliament is an unknown
  • Neutral momentum studies, 5, 10 & 21 DMAs edge higher, modest positive bias
  • Targets last week's 1.2814 high then 1.2852, 50% of the Sep/Jan fall
  • London 1.2729 low then 1.2721 rising 10 DMA are initial support

gbp2 jan 11 Click here

Source:
Thomson Reuters IFR Markets

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