By Robert Howard — May 29 - 05:03 AM
• Cable hits 1.3475 intra-day high after extending north from 1.3417
• 1.3417 was one-week low in Asia, as dollar strengthened on U.S. court news
• Intra-day high approximates to last Friday's NY session low (May 23)
• 1.3500 and 1.3522 (Wednesday's high) are resistance levels beyond 1.3475
• UK says U.S. ruling on Trump tariffs 'only first stage' of legal proceedings
• U.S. Q1 GDP 2nd estimate due 1230 GMT: minus 0.3% f/c, as per 1st estimate
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
