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Apr 29 - 03:55 AM

GBP/USD - On 1.34 Handle After Rise To Three-Year High

By Robert Howard  —  Apr 29 - 02:35 AM

• Cable reclaims 1.34 handle after Asian session dip to 1.3395

• 1.3395 is lowest level since Monday's 1.3445 NY afternoon high

• 1.3445 is highest level since February 2022 (1.3434 was 2024 high)

• Negative impact on 'brand USA' from 100 days of Trump weighs on USD

• Commerce Secretary Lutnick says Trump to reduce impact of auto tariffs

• U.S. exit from IMF would be true dollar shock

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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