By Rob Howard — Apr 26 - 02:45 AM
Cable has traded a 40 pip range thus far Tuesday; 1.2732-1.2772 nL2N2WO06K
1.2772 is also the high water-mark since Monday's 19-month low of 1.2697
Rally from 1.2697 influenced by Wall Street recovering early losses Monday
See: nL2N2WN2AI. Drop to 1.2697 spurred by risk aversion; USD = safe-haven
1.2800 and 1.2823 (last Friday's low) are resistance levels beyond 1.2772
UK public borrowing above government forecasts in 2021/22 year nL5N2WO1S1
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary