GBP/USD Price Boosted by Brexit Talk, Mixed UK Jobs and Wages Data 2019-10-15 08:54:00 Brexit – UK Jobs and Wages Data and Sterling Price, Charts and Analysis Brexit talks take a positive twist. Even if a deal is agreed between the two parties, it will still need to be voted through in Parliament on Saturday. The pair trade above the 200-day moving average – just – and a close above this long-term indicator would give GBPUSD a further bullish push. The first level of support is made up from a cluster of highs and lows around 1.2582 before stronger support is seen around 1.2500.
GBP/USD Daily Price Chart IG Client Sentiment shows that retail traders are 57% net-long GBP/USD, giving us a bearish contrarian bias.
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