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TDUX
Jul 17 - 01:55 AM

GBP/USD - Risk Aversion Weighs; Burnham Nears Downing Street

By Krishna Kumar  —  Jul 17 - 12:13 AM

• GBP/USD down 0.1% as selloff in Asian equity markets weighs on sentiment

• Nasdaq extends drop, down 1% as tech stocks sold; Nikkei, Taiwan down 4.7%

• Geopolitical tensions weigh; Trump accuses China of 2020 voting interference

• Iran, U.S. step up attacks; Houthis ready to hit shipping on Iran signal

• Andy Burnham to be made UK Labour leader Fri on way to becoming PM

• Support 1.3440-50, 1.3400-05, resistance 1.3500-10, 1.3540

• Thursday range 1.3460-1.3542, Asia 1.3464-1.3479
GBP:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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