eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• Cable drops to 1.3202 as safe-haven dollar rises after Trump vows more strikes on Iran
• 1.3202 is the lowest level since Tuesday (1.3345 was intra-week high Wednesday)
• Oil prices jump, stocks sink on Trump's Iran war guidance
• GBP/USD support points include 1.3172 and 1.3160 (Tuesday's four-month low)
• 1.3172 was Ldn/NY session low Tuesday (after quarter-end fix-related selling of GBP)
• JPMorgan no longer expects BoE to hike on April 30,
after dovish Bailey guidance
GBPUSD

(Robert Howard is a Reuters market analyst. The views expressed
are his own)