By Rob Howard — Jul 21 - 09:45 AM
Cable drops to new three-day low of 1.1891 as ECB President Lagarde speaks
See: nL1N2Z212I. 1.1992 was high following ECB's 50 bps hike nL1N2Z20BK
EUR/GBP has also fallen to 0.8540 vs 0.8585 two-week high after ECB hike
1.1914-1.2004 was GBP/USD range ahead of the ECB hike (high before low)
Which British workers are heading for industrial action? nL8N2YF47V
Source:
Refinitiv IFR Research/Market Commentary