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Thomson Reuters
Jun 28 - 08:36 AM
GBP/USD - Ticks Up From 7-Month Low Before BoE Hawk Talks
First appeared on eFXplus on Jun 28 - 06:20 AM
  • Cable met headwind circa 1.3106 after pushing recovery envelope from 1.3066
  • 1.3106 was Wednesday's low (1.3102 was last week's low, pre-BoE MPA)
  • Stops below 1.3100 were tripped en route to 1.3066 (7mth low) nL1N1TU04S
  • BoE chief economist Haldane is due to speak in London at 1330GMT
  • GBP caught a bid when Haldane unexpectedly voted for a rate hike last week
  • BoE survey says pay deals by UK firms rise slightly this year nL9N1SF00B

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