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Jan 13 - 06:55 AM

GBP/USD - Threatens 1.3750 As Inflation Continues

By Rob Howard  —  Jan 13 - 05:50 AM
  • Cable reaches 1.3749 (new 11-week high) after extending north from 1.3625

  • 1.3625 was Wednesday's low, before U.S. inflation data nL1N2TT0NH

  • 1.3720 (Asian session high) is now a support point, pre-1.3700 nL1N2TT0F8

  • UK PM Johnson's future uncertain after lockdown party apology nL8N2TT1JX

  • FinMin Sunak and Truss front-runners to succeed Johnson if vacancy arises

  • Truss and EU's Sefcovic meet for talks today re: NI/Brexit nL8N2TS5EA

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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