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Jun 19 - 01:55 PM

GBP/USD - 1.3450 Offers Cap Climb From Post-BoE Low

By Robert Howard  —  Jun 19 - 08:34 AM

• Cable meets headwind at 1.3450 after rallying off 1.3405

• 1.3405 was low as pound dipped on 6-3 MPC rate hold vote; 7-2 was forecast

• More offers expected around 1.3475 (Wednesday's high was 1.3476)

• 1.3383 was early Ldn one-month low as Trump-Iran risk buoyed safe-haven USD

• Next BoE rate decision is on August 7, when most economists expect a cut

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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