By Robert Howard — Apr 22 - 02:38 AM
• Cable rises to 1.3422 as Trump's attacks on Powell weigh on dollar
• 1.3422 is highest level since September 2024. 1.3421 was Monday's high
• Good Friday high was 1.3300. Maundy Thursday range was 1.3203-1.3273
• Resistance levels include 1.3434 (September's 30-month high) and 1.35
• CFTC data showed net GBP long fell to 6,509 contracts in week ended April 15
• Third consecutive week in which the net GBP long position shrank
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
