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Feb 27 - 08:55 AM

GBP/USD - Holds Below 1.27 Before US Data, Starmer-Trump Meet

By Robert Howard  —  Feb 27 - 06:45 AM

• Cable has traded a 37 pip range thus far Thursday; 1.2651-1.2688

• 1.2651 is lowest level since Wednesday's 10-week high of 1.2717

• Raft of U.S. data due at 1330 GMT; jobless claims forecast at 221k

• Trump-Starmer meeting in White House later; presser expected around 1900 GMT

• Bbg-U.S. lawmakers introduce UK-US trade bill before Starmer meets Trump

• GBP/EUR up to test 2025 high by 1.21 on Trump's 25% EU tariff threat

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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