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Thomson Reuters
Jul 11 - 12:12 PM
GBP/USD Follows EUR/USD Higher On ECB Headlines
First appeared on eFXplus on Jul 11 - 10:00 AM
  • Cable helped towards 1.3285 by EUR/USD gains on ECB headlines nL1N1U70GA
  • 1.3285 was Asia high and Ldn am high on GBP-positive M&A news nL1N1U705M
  • EUR/GBP up to 0.8861 intra-day high on ECB rate guidance via Reuters piece
  • 0.8829 was European am low. 1.3235 was GBP/USD low during the European am
  • Cable offers expected near 1.3300 if 1.3285 vaulted. 1.3297 is the 40DMA
  • 1.3301 was Tuesday's high. BoE's Carney is slated to speak at 1530GMT

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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