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Dec 10 - 06:55 AM

GBP/USD - Falls To Intra-Day Low On Sub-F/c UK GDP Data

By Rob Howard  —  Dec 10 - 05:02 AM
  • Cable drops to 1.3199 on UK Oct GDP miss, +0.1% vs +0.4% f/c nL8N2SV16T

  • 1.3199 = intra-day low. 1.3215-1.3231 was Asian session range nL1N2SV0BN

  • GBP/USD may fall further if U.S. CPI above 6.8% f/c at 1330 GMT nL1N2SU1G4

  • Hotter U.S. CPI would raise risk of Fed rate hike in March nL1N2ST0I5

  • UK public inflation expectations jump for year ahead-BoE survey nL9N2RR010

  • BoE interest rate decision next week nL1N2SV0F1nL8N2SU454nL8N2ST2FW

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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