By Rob Howard — Jan 20 - 02:46 AM
Cable ticks up to 1.3671 after UK Dec CPI rises a little more than expected
Up 0.6% YY vs +0.5% f/c nL8N2JU4UL. 1.3671 = highest level since Friday
Above f/c CPI is fresh blow for doves advocating sub-zero BoE interest rates
BoE's Haldane sees UK economy recovering "at a rate of knots" nL8N2JU5MQ
1.37 is a key resistance level for GBP/USD, with offers expected nearby
1.3712 = recent 32-month high. 1.3637 (Tuesday's top) is now a support point
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary