Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 24 - 04:55 AM

GBP/USD - Holds Close To 1.26 Ahead Of UK PMIs

By Rob Howard  —  May 24 - 02:35 AM
  • 1.2550-1.2600 defines the approximate range for cable thus far Tuesday

  • 1.2600 was also Monday's peak, and the highest level since May 5

  • There is a huge 1.2550 option expiry for month-end nL2N2XF13S

  • UK May flash PMIs due at 0830 GMT; service PMI f/c 57.0 nL2N2XF0N5

  • Service PMI beat would increase 1.26 break risk (1.2630 was May 5 high)

  • UK public borrowing came in as forecast for April nL5N2XG147

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!