By Rob Howard — Jun 06 - 02:55 AM
Cable climbs to 1.2530 as UK political event risk looms large for sterling
PM Johnson set to face confidence vote nL8N2XT0K5nL8N2XN32W
More: nL1N2XS04P. 1.2530 = intra-day high. 1.2477 was Asian session low
1.2486-1.2589 was Friday's range -- when USD rose on solid U.S. jobs data
See: nL1N2XQ16R. 1.2459 was last week's low (June 1, pre-UK holiday)
Hunt and Truss among likely candidates to replace Johnson if PM is ousted
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary