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TDUX
Apr 09 - 01:55 PM

GBP/USD - Eyes Another Test Of Pre-Conflict Levels, Bulls Need A Clean Break

By The views  —  Apr 09 - 01:14 PM

• GBP (+0.4%) grinds higher with broader risk sentiment. Range: 1.3383/1.3456

• Pre-conflict levels at 1.3485/1.3500 is the key topside focal point

• Held through Wed's session, break here would be notable for bulls - opens up 1.36

• 200DMA (1.3416) breached on reports that Israel seeks Lebanon talks

• Aside from geo risks, eyes on U.S. CPI due Fri - risks skew towards a hot print
GBPUSD hourly chart


Justin McQueen is a Reuters market analyst. (The views expressed are his own). ((Email: ))

Source:
London Stock Exchange Group | Thomson Reuters
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