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Apr 10 - 03:55 AM
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GBP/USD - On 1.34 Handle Before U.S. CPI Data
By Robert Howard — Apr 10 - 02:26 AM
• Cable has traded a 21 pip range thus far Friday; 1.3415-1.3436
• 1.3415 is also the low water-mark since Thursday's 1.3457 peak
• Thursday's peak was scaled on news Israel seeks Lebanon talks
• 1.3484 was Wednesday's five-week high, after Iran ceasefire news
• GBP/USD was sub-1.33 pre-ceasefire news. Thursday's low was 1.3383
• U.S. March CPI data due at 1230 GMT; 3.3% YY f/c. Core f/c
2.7% YY
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters