By Robert Howard — May 09 - 02:40 AM
• Cable hit three-week low of 1.3213 in Asia after extending south from 1.3345
• 1.3345 was Thursday's Ldn/NY session high, after relatively hawkish BoE cut
• Stronger USD precedes China-U.S. trade talks in Geneva on Saturday
• U.S. weighs plan to lower China tariffs to as low as 50%, New York Post says
• On Thursday, Trump said China tariffs will come down from 145%
• 1.3251 was GBP/USD high in Asia (1.3250 was pre-BoE rate cut low Thursday)
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters