By Rob Howard — Aug 10 - 03:45 AM
Cable climbs to 1.2757 intra-day peak as dollar dips pre-US inflation data
US CPI forecast up 0.2% MM, 3.3% YY; core CPI forecast up 0.2% MM, 4.8% YY
Inflation data due at 1230 GMT, alongside US weekly jobless claims; 230k f/c
GBP/USD offers expected pre-1.28 (1.2782-91 = quadruple day high, Aug 4-9)
1.2685 (Tuesday's risk aversion-spurred low) and 1.2620 are support levels
UK considers response to U.S. ban on tech investments in China nL8N39R298
Source:
Refinitiv IFR Research/Market Commentary