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Apr 25 - 07:55 PM

GBP/USD - Confident Start To Week On UK Economic Optimism

By Krishna K  —  Apr 25 - 06:38 PM
  • GBP/USD opens steady in Asia after 0.3% rise Fri on UK PMI beat nL8N2MG2EL

  • Supported by rising optimism of a rapid rebound for pandemic-hit UK economy

  • UK economy set to grow faster than the U.S. this year -Goldman nL1N2MI0H8

  • BoE Deputy Governor Broadbent forecasts consecutive quarters of rapid growth

  • But warns that inflation will prove less predictable- Telegraph nL1N2MH0HC

  • BOE considers risk of financial collapse from cladding scandal nL4N2MI000

  • Resistance 1.3895-1.3900, 1.3940-50, support 1.3825-35, 1.3800-05

  • For more click on FXBUZ


GBP: Click here

UK retail sales: Click here

Source:
Refinitiv IFR Research/Market Commentary

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