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Jun 21 - 08:55 AM

GBP/USD - Drops Through 1.23 Amid Tension Over Kaliningrad

By Rob Howard  —  Jun 21 - 07:20 AM
  • Cable falls to 1.2262 as geopolitical news lends support to safe-haven USD

  • EU urges Russia to refrain from 'escalatory steps' over Kaliningrad

  • See: nA5N2W502BnL1N2Y80JH. 1.2324 was London morning high nL1N2Y80IH

  • 1.2246 (early Ldn low), 1.2200 and 1.2174 (Friday's low) are support levels

  • BoE's Pill says rate rises cannot fine-tune GBP nL8N2Y821XnL1N2Y80FV

  • UK manufacturers' price expectations fall to 9-month low - CBI nL8N2Y82IH

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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