By Rob Howard — Dec 01 - 06:25 AM
1.3338 is low water-mark for cable since its early London rise to 1.3409
See: nL1N2IH0GB. Drop to 1.3338 influenced by some profit-taking on longs
Bids may emerge pre-1.3300 if GBP/USD extends south (1.3305 was Monday low)
Outcome of EU-UK trade negotiations will impact the pound this month
No-trade deal Brexit is still possible, UK minister Gove says nL8N2IH17N
Fed chair Powell is due to speak at 1500GMT nL1N2IG26JnL1N2IG1R7
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary