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Apr 17 - 07:55 AM
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GBP/USD - Remains On 1.35 Handle Amid Starmer Focus
By Robert Howard — Apr 17 - 07:15 AM
• Cable elicited support pre-1.3500 after pound dipped on UK political news
• PM Starmer pleads ignorance over Mandelson, resists pressure to resign
• 1.3500 is a former resistance level. 1.3505 was early London three-day low
• Rally from 1.3505 topped out by 1.3540 (Wednesday's low was 1.3545)
• 1.3595 was two-month peak Thursday. Trump says Iran war should end "soon"
• Warsh confirmation hearing on April 21. UK local elections
on May 7
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters