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Nov 05 - 08:55 AM

GBP/USD - Extends North To Eye 1.31 On U.S. Political Outlook

By Rob Howard  —  Nov 05 - 08:00 AM
  • Cable threatens 1.31 after adding to gains from 1.2930 (pre-BoE MPA low)

  • Risk appetite rise on U.S. political outlook is weighing on safe-haven USD

  • Potential Washington gridlock signals less regulatory risk nL4N2HR2FB

  • 1.3140 (Wednesday's 2-week top) and 1.3177 are resistance levels beyond 1.31

  • BoE to probe possible leak of QE decision to Sun nL8N2HR3KSnL1N2HR0S0

  • Sunak extends UK furlough pay subsidies until the end of March nL8N2HR5R9

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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