By Rob Howard — Jan 11 - 09:39 AM
GBP/USD holds below 1.35 as BoE's Tenreyro sets out case for sub-zero rates
See: nS8N2IB041. 1.3459 was 13-day low before MPC dove spoke nL1N2JM11F
Drop to 1.3459 influenced by higher UST yields and COVID-19 risks in UK
Money markets ramp up bets on U.S. interest rate hikes by 2023 nL4N2JM1YV
PM Johnson on UK lockdown rules: "Where we have to tighten them, we will"
See: nS8N2J400A. 1.3533 (last week's low) is a resistance level above 1.35
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Source:
Refinitiv IFR Research/Market Commentary