By Rob Howard — Sep 19 - 02:40 AM
Cable rises to 1.3241 (intra-day high) ahead of BoE MPA at 1100 GMT
BoE set to hold rates at 5% with bond sales in spotlight nL8N3L00RD
1.3298 was Wednesday's 30-month high, after Fed cut rates by 50 bps
Wednesday's high was two pips shy of an exotic option barrier level
Profit-taking on dollar shorts then helped deflate GBP/USD to 1.3155
1.3155 was 8 pips shy of Tuesday's low. US claims data 1230 GMT; 230k f/c
Source:
Refinitiv IFR Research/Market Commentary