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Aug 08 - 03:48 PM
GBP/USD - Soft On BOJO Election Talk, Boosted By Trump USD, Fed Criticisms
First appeared on eFXplus on Aug 08 - 01:35 PM
  • GBP/USD ending NY 1.2143 +0.02%, NorAm range 1.2156-1.2095
  • Pair boosted near mid-day after Pres Trump criticized Fed, USD strength
  • BOJO comments in NY aft hit GBP a tad; want new deal w/EZ, eyes exit Oct 31
  • Yuan calm spoiled by post-Brexit election talk; pound dips
  • GBP/USD stuck in range b/w 10-DMA (1.2180) & 2019 low 1.2080
  • EUR/GBP puts in 23-month high 0.9265 on post-Brexit elex talk nS8N1IO05H

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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