By Rob Howard — May 17 - 07:40 AM
Cable awaits U.S. data after Ldn morning rise to 1.2487 (high since May 5)
Rise to 1.2487 fuelled by strong UK employment/earnings data nL5N2X91BH
1.2347 was Asian session top (pre-UK data). Two-year gilt yields surge
See: nS8N2W30BA. U.S. April retail sales data due 1230 GMT, +0.9% MM f/c
BUZZ-Alarm bells ring for GBP shorts pre-UK CPI data Wednesday nL2N2X90IB
UK to set out next steps to tackle post-Brexit N.Ireland trade nL5N2X91DJ
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary