By Robert Howard — Apr 03 - 02:51 AM
• Cable jumps to 1.3115 as lower UST yields on Trump tariffs hurt USD
• 1.3115 is highest level since Oct 7 (1.3133 was high that day)
• Britain among countries facing lowest 10% tariff rate on imports to U.S.
• 1.2955-1.3025 was GBP/USD range during Trump's Rose Garden speech Wednesday
• Wednesday's low was 1.2901, with 1.2986 marking high before Trump spoke
• CFTC data Friday to show if net GBP long rose again before 'Liberation
Day'
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters