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TDUX
Apr 24 - 03:55 AM

GBP/USD - 1.3475 Flips From Support Point To Resistance Level

By Robert Howard  —  Apr 24 - 02:29 AM

• Cable has traded a 17 pip range thus far Friday; 1.3455-1.3472

• 1.3472 is three pips below the double-day low on Monday-Tuesday

• Thursday low was 1.3448 (lowest level since April 13) on safe-haven USD demand

• UK retail sales up 0.7% in March vs 0.1% median estimate from Reuters poll

• Stock markets are too high and set to fall, BoE deputy governor Breeden tells BBC

• Trump threatens Starmer with "big tariff" over tech tax, Telegraph reports

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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