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Published on 18 Jan 2017
The
market yesterday saw the British Pound rise by more than 3% as the
government detailed its Brexit plans. Flows into safe havens have also
eased a little.
The EUR / USD currency pair has nudged up above the 1.07 level and invalidated the resistance in that area.
The USD / JPY currency pair is still falling, making new 1-month lows just above 112.50.
The GBP / USD currency pair saw its biggest 1-day rise since 2008, and is now trading up over a 3-month period.
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