Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 26 - 04:55 AM

GBP/USD - Near 1.2750 After Rally From Monday's 19-Month Low

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

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!