By Robert Howard — May 28 - 05:41 AM
• Cable runs into resistance ahead of 1.3522 after extending north from 1.3462
• 1.3522 was Asian session high (and Tuesday's London morning low)
• More offers likely near 1.3539 (Monday's Asian session base) and 1.3550
• 1.3462 was intra-week low at 0521 GMT, amid month-end USD demand talk
• UK grocery inflation hits highest level in 15 months, says Kantar
• BoE is expected to keep interest rates unchanged in June; 7-2 vote likely
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters