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Mar 21 - 07:55 PM

GBP/USD - Soft Tone Early But Supports Close

By Krishna K  —  Mar 21 - 06:33 PM
  • GBP/USD down 0.15% early as risk aversion grips Asia on Turkish lire plunge

  • TRY plummets more than 15% in Asia as central bank chief fired nL1N2LJ05O

  • Traders cite light selling of GBP/JPY as safe haven JPY gains on crosses

  • GBP already on defensive Fri on vaccine doubts, Brexit tensionsnL1N2LH0O1

  • Elevated U.S. yields cap, Powell's 3 appearances eyed this weeknS0N2JQ01H

  • Britain on track to ease lockdown measures in line with plan nL8N2LI0E3

  • 1.3855-1.3833 range in Asia; support 1.3830, 1.3810 resistance 1.3880-85

  • For more click on FXBUZ


GRAPHIC-UK GDP and employment remain far below pre-pandemic norms: Click here

GRAPHIC-UK trade with EU slumps by most on record in January: Click here

Source:
Refinitiv IFR Research/Market Commentary

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