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Jun 14 - 06:55 AM

GBP/USD - Falls To One-Month Low Pre-UK Reopening Delay News

By Rob Howard  —  Jun 14 - 04:59 AM
  • Cable hits 1.4069, its lowest level since May 14, after breaking below 1.41

  • Drop precedes delay to end of COVID restrictions in England nL2N2NW091

  • Brexit tensions are also weighing on the pound nL5N2NW472nL2N2NW09R

  • 1.4185 was Friday's high, before USD strengthened pre-weekend nL2N2NT1WY

  • This week's key U.S. event risk is Wednesday's FOMC statement nL2N2NR2QF

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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