By Rob Howard — Jan 05 - 03:17 AM
Cable elicited support at 1.3562 after sliding from 1.3613 (early Ldn high)
1.3562 was Asian session low. 1.3613 = high water-mark since 1.3544
1.3544 was Monday's low as GBP dropped ahead of England lockdown news
See: nL1N2JF09J. 1.3703 was Monday's 32-month high (before lockdown drop)
UK's Sunak to offer more help to businesses on Tuesday - Gove nL8N2JG12W
Net GBP long held by IMM speculators eased in week to Dec 29 nL1N2JG0AU
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary