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Sep 03 - 03:48 PM
GBP/USD - Hope For Softer Brexit, U.S. Data Miss Boosts GBP/USD Off Lows
First appeared on eFXplus on Sep 03 - 01:50 PM
  • GBP/USD firm into NY close +0.28% at 1.2095; NorAm range 1.2103-1.2015
  • Pair off multi-yr low 1.1959 ahead of parliament debate on Brexit delay
  • Weak U.S. ISM data weighs on UST yields aids broad USD decline
  • Sterling sellers in charge as Brexit uncertainties abound
  • EUR/GBP -0.37% to 0.9068, Tues range 0.9147-0.9050; GBP gains outpace EUR

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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