Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 27 - 03:55 PM

GBP/USD - Slips Into Weekend, Remains Anchored Near 2024 High By 1.3430

By Paul Spirgel  —  Sep 27 - 01:40 PM
  • GBP$ soft in NorAm afternoon, -0.224% at 1.3385; Friday range 1.3428-1.3360

  • Net change down on day but GBP$ remains anchored near 2024 high by 1.3434

  • Risk across markets broadly bid after China ramps up stimulus

  • U.S. data tipped to more dovish Fed policy path, on soft consumption, PI

  • Sterling flirts with 2024 high after US consumption, income dip

  • LSEG's IRPR shows Fed to cut add'l 198bp by Dec 2025, BoE a further 154bp

  • Res 1.3434 2024 high Sep 26, 1.3437 Feb 25 '22 high, 1.3553 Fed 24 '22 high

  • Supt 1.3360 Friday low, 1.3314 Daily lows Sep 25/26, 1.3308 rising 10-DMA

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!