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GBPUSD February 19, 2019 Weekly Analysis

Exclusive Capital Ltd.

The next important date for the Brexit is February 27, 2019, where Theresa May will present a plan that the parliament must vote.

Furthermore, Secretary Barclay had a positive meeting in Brussels concerning the NI backstop with the European Commission President saying that no one in the EU would oppose British demand for an extension.

Major support is at 1.2820 (55-day MA) and resistance at 1.3000 (200-day MA).

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Source: https://www.exclusivecapital.com/gbpusd-february-19-2019-weekly-analysis/
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