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Pound is more Scottish than British nowadays

FXStreet (Moscow) - Polls dependent GBP/USD retraced from the Asian high of 1.6276 and settled around 1.6235 support ahead of European session.

GBP/USD listens to Scotts

GBP/USD continues to poll dance as the movements of the pair are fully dependent on the results of Scottish polls. YouGov’s latest survey showed that «No» Vote at 52% is narrowly ahead of Yes at 48%. This news gave pound an early boost and helped GBP/USD to reach the Asian high at 1.6276. Though the movement proved to be unsustainable as cable is on the back foot again. This development is another evidence that the relief rally potential in case of No Vote might not be as great as one would expect. On the intraday basis GBP/USD might see some more splashes of volatility, though the upside is likely to be capped by 1.6272 and, ultimately, by 1.6300. On the downside, the support is seen at 1.6200 and followed by 1.6185.

What are today’s key GBP/USD levels?

Today's central pivot point can be found at 1.6237, with support below at 1.6203, 1.6152 and 1.6118 with resistance above at 1.6288, 1.6322, and 1.6373. Hourly Moving Averages are bearish, with the 200SMA bearish at 1.6300, and the daily 20EMA bearish at 1.6449. Hourly RSI is bullish at 53.

EUR/JPY bulls set their eyes at 139.00

EUR/JPY has been growing since Asian opening; the cross started the day at 138.32 and hit the intraday high at 138.73 and this is not a limit as there are no signs of waning momentum.
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