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Jul 05 - 08:36 AM
GBP/USD - Falls To New 2-Week Low After Johnson Talks Brexit
First appeared on eFXplus on Jul 05 - 06:30 AM
  • GBP/USD extends south to 1.2542 after UK PM candidate Johnson talks Brexit
  • Johnson says no-deal Brexit preparations need to be stepped up nL9N1Z700U
  • 1.2542 is the lowest level since June 18: 1.2507 was 23-week low that day
  • Cable could drop further towards 1.2507 on big NFP beat at 1230GMT, 160k f/c
  • See: . EUR/GBP up to 0.8981 after Johnson's latest Brexit steer
  • 0.8981 = two-day high. 0.8992 was 24-week peak last Friday

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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