Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 11 - 04:55 AM

GBP/USD - Rises To 13-Day High On Hawkish Bailey And Saunders

By Rob Howard  —  Oct 11 - 02:38 AM
  • Cable climbs to 1.3672 on hawkish weekend comments from Bailey and Saunders

  • BoE governor told Yorkshire Post that UK CPI above 2% target is concerning

  • See: nL1N2R42MU. Saunders: Get ready for early BoE rate rise nL1N2R50E1

  • 1.3672 = highest level since Sept 28 (1.3661 was Friday's high, post-NFP)

  • Offers may emerge ahead of 1.3700 (and 1.3750) if GBP/USD extends north

  • IMM speculators flipped to net GBP short in week ended Oct 5 nL1N2R429A

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
© 2021 eFXdata · All Rights Reserved
!