By Robert Howard — Jan 23 - 02:42 AM
• Cable hugs 1.2300 option expiry after drop from 1.2376 (two-week high Weds)
• Decline influenced by modest rise in UST yields on Wednesday
• GBP/USD was sub-1.22 before USD fell on no day-one tariffs guidance Monday
• Trump to remotely address business, political leaders in Davos at 1600 GMT
• Putin growing concerned by economy, as Trump pushes for Ukraine conflict end
• Safe-haven USD may dip if war ends, having risen when it began in Feb 2022
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters