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Jun 09 - 07:55 AM

GBP/USD - Respects 1.42 Resistance After Haldane-Spurred Rise

By Rob Howard  —  Jun 09 - 05:54 AM
  • Cable met headwind ahead of 1.42 after rising on hawkish Haldane comments

  • BoE's Haldane sees "pretty punchy pressures on prices" nL5N2NR1GN

  • 1.42 was last Friday's high (after USD fell on May's U.S. NFP data miss)

  • 1.4190 = two-day high during the European am (1.4191 was Monday's high)

  • Sausage wars: UK urges EU to move on Brexit trade with Northern Ireland

  • See: nL2N2NR0LW. GBP awaits answer to reopening question nL2N2NR0M4

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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