By Robert Howard — Mar 18 - 06:49 PM
• Cable hits 1.3005 after rising from 1.2970 (intra-day low at 0634 GMT)
• 1.3005 is highest level since Nov 7 (1.3008 was high that day)
• Ascent influenced by EUR/USD gains before Bundestag vote on spending surge
• EUR/GBP has simultaneously risen to test 0.8427 (Friday's high)
• Kremlin says Putin-Trump to speak between 1300 and 1500 GMT
• Fed rate hold expected on Wednesday. BoE rate hold expected on
Thursday
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters