Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 01 - 08:55 AM

GBP/USD - Awaits Speech From BoE Chief Economist, US Data

By Rob Howard  —  Mar 01 - 07:05 AM
  • Cable has traded a 26.5 pip range since the Ldn open; 1.2619 = session low

  • 1.2619 is 5.5 pips shy of Thursday's one-week low (1.2612 was Feb 22 low)

  • 1.2700 is key resistance level (offers pre-1.27 capped Monday-Tuesday gains)

  • BoE chief economist Pill is due to give lecture in Cardiff at 1400 GMT

  • Markets currently expect first BoE rate cut on August 1 0#BOEWATCH

  • US Feb ISM manufacturing index due 1500 GMT; 49.5 is consensus forecast

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
!