By Rob Howard — Mar 17 - 03:36 AM
Cable hits 1.3917 following its early Ldn break above 1.3906 (Tuesday high)
GBP supported by EMA's Tuesday backing for AZ's COVID-19 shot nL8N2LE2KT
AZ shots have played a big role in UK's speedy rollout of COVID-19 vaccines
Offers expected near 1.3950 (Monday's high) if GBP/USD extends north
1.3809 was Tuesday's one-week low (after some profit-taking on GBP longs)
FOMC event risk in pipeline nL1N2L82OTnL1N2L72RT. BoE MPA Thursday
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary