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TDUX
Sep 22 - 04:55 AM

GBP/USD - Holds Sub-1.34 Before Burnham Meets Trump

By Robert Howard  —  Sep 22 - 02:35 AM

• Cable has traded sub-1.34 since Thursday's drop to 1.3337 (seven-week low)

• 1.3364-1.3386 is Tuesday range-to-date; 1.3366-1.33985 was Monday range

• Friday range was 1.33375-1.33975 (peak scaled on Japan's FX rate checks)

• UK PM Burnham is expected to meet Trump in New York for the first time today

• Britain borrowed £18.3 billion in August vs £15.5 billion Reuters poll forecast

• Losing the plot? Warsh's Fed more 'touchy-feely' than data-driven

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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