By James Connell — Jun 09 - 08:49 PM
• GBP/USD -0.4% from 1.3616 39-month high as CN-U.S. talk on trade in London
• UK finance minister Reeves also meeting CN vice premier He Lifeng this week
• U.S. civil unrest, debt & tariff concerns continue to undermine USD
• UK turning corner with improving economic conditions whilst U.S. woe mounts
• Solid GBP uptrend in place, buying dip towards 1.3500 an attractive option
• Range early Asia 1.35495-63, support 1.3500 1.3415, resistance 1.3750
GBP Weekly Uptrend Channel
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters