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Thomson Reuters
Feb 28 - 12:12 PM
GBP/USD - Respects 1.3261 After Dropping On Big U.S. GDP Beat
First appeared on eFXplus on Feb 28 - 10:00 AM
  • Cable elicited support pre-1.3261 after USD rose on U.S. Q4 GDP data beat
  • See: nUSNSDEFQK. 1.3261 was Wednesday's Asian session high
  • 1.3318 was the Ldn am high, courtesy of EUR/USD gains nL1N20N0GY
  • 1.3351 was Wednesday's 7-month high, shortly before the Ldn fix nL1N20M16P
  • Recent GBP gains fuelled by lower risk of no-deal Brexit on March 29
  • Brexit riddle goes on: deal, delayed no-deal or referendum? nL5N20N72A

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