By Robert Howard — Jun 18 - 06:46 AM
• Cable holds above 1.3448 as it consolidates gains from 1.3413 (Asia low)
• 1.3448 was Asia high, just before UK inflation data was released at 0600 GMT
• CPI remained at 3.4% YY in May; GBP/USD up to 1.3475 following the print
• UK inflation data cements expectation of BoE interest rate hold on Thursday
• U.S. jobless claims due at 1230 GMT; 245k f/c. Fed hold expected at 1800 GMT
• Khamenei says any U.S. strikes on Iran will have serious
consequences
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters