By Robert Howard — Mar 13 - 03:40 AM
• Cable has traded a 28 pip range thus far Thursday; 1.2943-1.2971
• Those parameters are well within Wednesday's 1.2914-1.2990 range
• 1.2990 = 16-week high, after cooler than expected U.S. CPI data
• U.S. PPI data due 1230 GMT; 0.3% MM, 3.3% YY f/c. Core f/c 0.3% MM, 3.5% YY
• U.S. jobless claims also due 1230 GMT; 225k f/c. UK Jan GDP Friday; 0.1% f/c
• GBP/USD support points below 1.2914 include 1.2900 and 1.2862 (Monday's
low)
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
