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Jun 14 - 08:55 AM

GBP/USD - Reclaims 1.41 Handle After Rise From One-Month Low

By Rob Howard  —  Jun 14 - 07:15 AM
  • Cable reaches 1.4110 after pushing its recovery envelope from 1.4069

  • 1.4069 was one-month low during the London am (1.4074 was last week's low)

  • See: nL2N2NW0EB. Offers may emerge around 1.4118 if GBP/USD extends north

  • UK PM Johnson set to announce delay to end of COVID restrictions in England

  • See: nL2N2NW091. EU-UK "sausage war" sizzles nL5N2NW472nL5N2NV06Y

  • Fed tiptoes towards taper stage months before the curtain call nL2N2NT0D3

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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