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Jun 23 - 04:55 AM

GBP/USD - Awaits UK PMIs After Volatility In Asia On Navarro

By Rob Howard  —  Jun 23 - 02:40 AM
  • Cable ascended to threaten 1.2510 in Asia, before Navarro-spurred volatility

  • Cable fell to eye 1.2434 then rose to 1.2495 on conflicting Navarro steers

  • Navarro walks back on comments China trade deal 'over' nL1N2E0050

  • 1.2434 was Monday's Ldn am high. 1.2510 = 50% of 1.2682-1.2337

  • GBP elicits support from compromise hope re: EU/UK trade talks nL8N2DW3H5

  • UK June flash PMIs due at 0830GMT: service PMI f/c 40, mfg PMI f/c 45

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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