Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 18 - 05:55 AM

GBP/USD - Force Is With Bears As Pair Hits Low Since May 4Th

By Rob Howard  —  Jun 18 - 03:49 AM
  • Cable hits 1.3856 as pound suffers on unexpectedly negative UK retail sales

  • Down 1.4% vs +1.6% f/c nL5N2O0105. 1.3856 is lowest level since May 4

  • USD continues to benefit from the Fed's hawkish dot plots nL2N2NZ0XX

  • GBP/USD was at 1.41 when the dot plots were published on Wednesday

  • Bear targets include 1.3803 (May's low) and 1.3670 (April's low)

  • PM Johnson's Tories suffer shock by-election defeat to LibDems nL5N2NZ2IK

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!