Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 17 - 11:55 AM

GBP/USD - Shies Away From 1.25 After Strong U.S. Data

By Rob Howard  —  May 17 - 09:35 AM
  • Cable continues to respect 1.25 resistance level after strong U.S. data

  • U.S. April retail sales up 0.9%; March retail sales upwardly revised by 0.7%

  • See: nL2N2X911Z. U.S. April industrial output +1.1% vs +0.5% f/c

  • 1.2498 was pre-retail sales data high, on strong UK jobs data nL5N2X91BH

  • 1.2498 = highest level since May 5 (1.2156 was last Friday's two-year low)

  • Britain sets out new law to fix post-Brexit N.Ireland trade nL5N2X91DJ

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!