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TDUX
Jun 02 - 01:55 AM

GBP/USD - Steady As Markets Await Iran Breakthrough

By Krishna Kumar  —  Jun 01 - 11:49 PM

• GBP/USD unchanged in Asia as Iran impasse forces traders to the sidelines

• Conflicting reports on Iran talks, fragile Lebanon ceasefire dents risk

• Wall Street futures sag; Nasdaq futures down 0.7%, Nikkei down 1.7%

• BoE Governor Bailey speaks to House of Lords Economic Affairs Committee Tue

• Has signaled no need to act quickly on inflation jump

• Consolidation in a broad 1.3350-1.3500 range likely to continue

• Support 1.3400-05, 1.3370-75, resistance 1.3470-80, 1.3500

• Monday range 1.3407-1.34755; Asia 1.34515-1.3459
UK unemployment rate and wage growth:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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