By Rob Howard — Nov 13 - 05:40 AM
Cable has traded a 19.5 pip range since the Ldn open; 1.2233 = session low
Session peak was scaled after PM Sunak sacked Braverman as interior minister
Former PM Cameron in surprise return to UK government as Foreign Secretary
Cameron resigned as UK PM after Britain voted to leave the EU (in June 2016)
UK election expected in autumn 2024; polls suggest Labour will oust Tories
1.2187 was Friday's one-week low for GBP/USD (1.2185 was Nov 3 low, pre-NFP)
Source:
Refinitiv IFR Research/Market Commentary