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Thomson Reuters
May 24 - 03:48 PM
GBP/USD - Boosted Slightly After PM May Resigns
First appeared on eFXplus on May 24 - 01:05 PM
  • GBP/USD ends NY 1.2710 +0.41%, firm into NY close, NorAm range 1.2711-1.2647
  • May's exit brings little joy for GBP/USD
  • Shallow rally on news hints at lingering UK Brexit, political uncertainties
  • The crucial factor remains, traders are not short pounds
  • EUR/GBP -0.17% to 0.8817, EU elex and GBP rise on May exit weigh on cross

GBP Chart: Click here

Source:
Thomson Reuters IFR Markets

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