By Robert Howard — Apr 03 - 05:43 AM
• Cable rises to six-month high of 1.3182 as dollar suffers on Trump's tariffs
• Barclays sees 'high risk' of U.S. recession this year
• Wednesday's GBP/USD high was 1.3025 (during Trump's Rose Garden speech)
• UK pins hopes on U.S. trade talks after Trump imposes 10% tariff on Britain
• Cable 1-month options show rare topside strike premium
• UK March services PMI downwardly revised to 52.5, from 53.2 flash estimate
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
