GBP/USD finds support near 1.2350, Exit polls too tight to call

The cable rebounds from daily lows near 1.2360 region, as the greenback retreats from highs against its main competitors, despite Clinton emerging early winner, taking lead in six states versus a Trump lead in 4 states.

However, latest update shows a tie in Florida, with 86% votes counted, which indicates it’s too tight to call for a Clinton lead for now.

GBP/USD: Technical levels:

Key Resistances: 1.2429 (5-DMA), 1.2500 (round figure), 1.2577 (50-DMA)

Key Supports: 1.2300 (zero figure), 1.2218 (Nov low), 1.2112 (Oct 28 low)