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Thomson Reuters
Nov 01 - 08:36 AM
GBP/USD - Drops Half-A-Cent On A Brexit-Related Headline
First appeared on eFXplus on Nov 01 - 06:25 AM
  • Cable fell half-a-cent to 1.2850 after Brexit-related headline on a newswire
  • Bbg-UK officials say Times report on banks 'unsubstantiated'
  • Times report spurred earlier cable rise to 1.2922 (1-week high)
  • 1.2861 was low shortly before 0830GMT UK mfg PMI miss, 51.1 vs 53.0
  • See: nS8N1V704E. 1.2912 = subsequent high (before drop to 1.2850)
  • BoE rate decision 1200GMT, 9-0 hold f/c. GBP could gain if any hike votes

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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