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Mar 30 - 04:55 AM

GBP/USD - Eyes Monday Low As 10-Year UST Yield Rises To 1.76%

By Rob Howard  —  Mar 30 - 02:41 AM
  • Cable threatens 1.3755 (Monday's low) as USD benefits from higher UST yields

  • 10-year UST yield rises to 1.76%, highest level for 14 months nL8N2LS1CQ

  • 1.3847 was Monday's GBP/USD high -- before 10-year UST yield jumped to 1.72%

  • See: nL1N2LR2LJ. 1.3743 and 1.3730 are cable support points below 1.3755

  • 1.3743 was Friday's London morning low. 1.3730 was Friday's low (in Asia)

  • Resistance levels include 1.3783 (Asian session high) and 1.38

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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