By Rob Howard — Dec 30 - 02:20 AM
Cable respects Thursday's 1.2017-1.2075 range ahead of year-end
Thursday's range was within Wednesday's 1.2003-1.2126 parameters
1.2003 was 10 pips shy of last week's low (Dec 22). 1.2005 was Tuesday's low
There is a large 1.2000 option expiry for the 10am ET NY cut nL1N33J0C3
UK's Sunak to halve support that helps businesses pay fuel bills - The Times
See: nL1N33J1YK. 1.0327-1.3749 was GBP/USD range in 2022 (low under Truss)
Source:
Refinitiv IFR Research/Market Commentary