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Jan 04 - 04:55 AM

GBP/USD - Helped To Intra-Day High By Hang Seng Gains

By Rob Howard  —  Jan 04 - 02:45 AM
  • GBP/USD rises to 1.2027 (intra-day high) as Hang Seng racks up big gains

  • Hong Kong's equity index is currently up 2.8% (GBP is risk-sensitive)

  • Offers may emerge near 1.2057 (rally high from 1.19) if cable extends north

  • 1.1900 was Tuesday's six-week low (1.1956 was low following rally to 1.2057)

  • McCarthy vows to remain in race for House speaker amid hardline opposition

  • See: nL1N33O0PO. UK PM to set out his priorities for 2023 nL8N33O3P9

Source:
Refinitiv IFR Research/Market Commentary

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