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Jan 15 - 04:55 AM

GBP/USD - Maintains 1.27 Handle Ahead Of Iowa Caucus

By Rob Howard  —  Jan 15 - 03:20 AM
  • Cable has traded a 35 pip range thus far Monday; 1.2730-1.2765

  • Those parameters are within Friday's 1.2720-1.2786 range nL1N3E227R

  • Funds most bearish on USD since August (net GBP long up to four-week high)

  • Trump, rivals urge Iowans to brave extreme cold and vote in Monday caucus

  • US congressional leaders unveil stopgap bill to avert shutdown nL1N3E502U

  • Tories set for 1997-style election defeat - poll. November election expected

Source:
Refinitiv IFR Research/Market Commentary

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