Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 08 - 11:55 AM

GBP/USD - Eyes 1-Week Peak As U.S. Stocks Hit All-Time Highs

By Rob Howard  —  Feb 08 - 10:09 AM
  • Cable eyes 1.3742 after rallying off an early NY intra-day low of 1.3680

  • 1.3742 was double-hourly one-week high earlier today nL1N2KE10S

  • Rise to threaten 1.3742 influenced by U.S. stocks hitting all-time highs

  • See: nL4N2KE3LQ. GBP is a risk-sensitive currency while USD is safer-haven

  • 1.3759 (recent 32-month high) is a GBP/USD resistance level beyond 1.3742

  • IMM speculators raised GBP exposure by 12% pre-BoE last week nL1N2KE0E0

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
© 2021 eFXdata · All Rights Reserved
!