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Apr 05 - 11:55 AM

GBP/USD - Climbs To Highest Level Since April Got Underway

By Rob Howard  —  Apr 05 - 09:50 AM
  • Cable reaches 1.3166 after extending north from 1.3116 (London morning low)

  • 1.3166 is highest level since Thursday (March 31). GBP/EUR up to eye 1.20

  • Pound supported by upward revision to UK March service PMI nZRN0048T9

  • GBP/USD has risen in April in 18 of the past 22 years nL2N2VY0TT

  • 1.3181 (last week's high), 1.32 and 1.3223 are cable resistance levels

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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