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Nov 02 - 05:55 AM

GBP/USD - Falls To Two-Week Low As Lockdown In England Looms

By Rob Howard  —  Nov 02 - 03:40 AM
  • Cable falls to 1.2863 before lockdown in England from Thursday nL1N2HN05A

  • 1.2863 is the lowest level since Oct 16: 1.2860 was the low that day

  • Sunak says hopeful England lockdown can be lifted in December nS8N2H303T

  • Brexit talks continue in Brussels today: update expected Wednesday/Thursday

  • See: nL1N2HN0G5. 1.2900 (Friday's low) is now a GBP/USD resistance level

  • 1.2845 (Oct 7 low), 1.2819 and 1.2800 are support points below 1.2860

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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