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TDUX
Oct 11 - 11:55 PM
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GBP/USD - Inches Higher As Oil Slips And Risk Rallies

By Krishna Kumar  —  Oct 11 - 10:07 PM

• GBP/USD perks up in Asia, gains 0.1% after closing unchanged on Friday

• Better risk sentiment boosts; Wall St futures gain on US-Russia diesel deal

• Trump's Russia-Ukraine energy ceasefire announcement boosts oil supply hopes

• US crude -1.8% but traders wary of escalating Middle East tensions

• This week's busy data and central bank calendar key for markets

• US inflation, UK Aug GDP, industrial & manufacturing output, trade due

• Fed Chair Warsh fireside chat on Fri at IMF/World bank meeting eyed

• BoE officials Sarah Breeden, Megan Greene, Huw Pill, Gov Andrew Bailey speak

• Resistance 1.3275-85, 1.3300-10; support 1.3220-25, 1.3185-90

• Friday range 1.3206-1.3250, Asia 1.3220-1.3252
UK:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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