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May 30 - 02:55 AM

GBP/USD - Consolidates Gains As Month-End Looms

By Robert Howard  —  May 30 - 02:34 AM

• Cable has traded a 46 pip range thus far Friday; 1.3464-1.3510

• Those parameters are well within this week's 1.3417-1.3593 range

• Federal appeals court temporarily reinstates Trump's tariffs

• Trump tells Powell he's making a "mistake" by not lowering interest rates

• BoE's Bailey says uncertain outlook demand careful approach to rate cuts

• Dove Taylor renews call for lower BoE rates-FT. 7-2 MPC vote likely in June

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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