By Paul Spirgel — Apr 04 - 01:40 PM
GBP/USD slips into NY close -0.13% at 1.3098; NorAm range 1.3128-1.3094
GBP trade subdued vs USD, more volatile vs EUR amid heightened sanction talk
GBP$ capped by 10DMA as Fed mins vie for divergence spotlight nL2N2W20WP
GBP$ res ahead of 10-DMA at 1.3152, then 30-DMA by 1.3212
Supt at Friday low 1.3087, Mar 29 low 1.3052, Mar 15's 2022 low 1.30
EUR/GBP -0.61% at 0.8375, Mon range 0.8427-0.8370; UK rates trump steady EZ
Talk of Russia war crimes, more sanctions weighs on EUR broadly
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Source:
Refinitiv IFR Research/Market Commentary