By Robert Howard — Jun 10 - 02:32 AM
• Cable falls to 1.3520 (post-weekend low) on lower than expected UK pay data
• Ex-bonus pay up 5.2% vs 5.3% forecast; headline pay up 5.3% vs 5.5% forecast
• Cooler UK pay data is boost for doves advocating BoE rate cut in August
• 1.3522-1.3563 was GBP/USD range in Asia. Bids expected pre-1.3500
• Friday's low was 1.3508. China-U.S. trade talks resume at 0900 GMT in London
• U.S. Treasury debt auctions Tuesday-Thursday an important sentiment test
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
