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Thomson Reuters
Jun 06 - 06:12 AM
GBP/USD - Eases To Two-Day Low Ahead Of ECB Event Risk
First appeared on eFXplus on Jun 06 - 03:25 AM
  • Cable has eased to a two-day low of 1.2670 since the European open
  • 1.2670 = 74 pips below Wednesday's one-week peak following weak ADP data
  • Fears of a no-deal Brexit are helping weigh on GBP nL8N23B3QY
  • UK PM candidate Gove: rushed no-deal Brexit would give Labour's Corbyn power
  • See: nL8N23D11D. Bids expected near 1.2650 if GBP/USD extends south
  • Cable will take price action cue from EUR/USD re: ECB later nL4N23B2NX

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