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GBP Daily Review December 6, 2018

GBP Daily Review for December 6, 2018

Brexit Latest: Sterling (GBP) Sinks as UK PM May Loses Control

UK PM Theresa May is coming under intense pressure to keep her Brexit plans on track after Parliament found her government in contempt while an

 

GBP/USD recovery halted ahead of 1.2800

The upside momentum around GBP/USD failed just ahead of the critical barrier at 1.2800 the figure on Wednesday. GBP/USD focused on Brexit development

 

GBP/USD floundering near 1.2700 as the Brexit clock continues to tick down

GBP/USD continues to trade sideways, reaching daily peaks in the 1.2800 neighborhood before sinking back down into the 1.2700 region, though swing low

 

GBP futures: keeps the cautious tone

According to preliminary figures for GBP futures markets from CME Group, investors trimmed their open interest positions by just 633 contracts on Wedn

 

GBP/USD to remain offered – Commerzbank

Karen Jones, Analyst at Commerzbank, suggests that the GBP/USD is sitting near the bottom of its 4 month trading range and will find initial resistanc

 

GBP/USD Technical Analysis: Strangling near 1.2700

GBP/USD, 5-Minute The past two weeks have seen the Cable moving in a sluggish downtrend, marked by consolidation periods separated by rough chop

 

Have a nice trading!




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