By Rob Howard — Apr 06 - 05:35 AM
Cable reaches 1.3107 after pushing its recovery envelope from 1.3046
1.3046 was three-week low at 0611 GMT, courtesy of hawkish Brainard
See: nL2N2W409DnL2N2W3162. 1.3107 = 50% retracement of 1.3167-1.3046
1.3167 was Tuesday's high, pre-Brainard (1.3181 was last week's high)
UK March construction PMI 59.1 vs 57.8 Reuters poll forecast nZRN0048U0
BoE policymakers weigh up need for more interest rate hikes nL5N2W34I5
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary