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Sep 30 - 07:55 AM

GBP/USD - Supported By Friday's High Before PM Johnson Speaks

By Rob Howard  —  Sep 30 - 06:00 AM
  • Cable elicited support just shy of 1.2805 after extending south from 1.2868

  • 1.2805 was Friday's high (stops above that level were tripped on Monday)

  • 1.2868 = Asian session top (during Trump-Biden debate) nL1N2GR07B

  • 1.2902 was Tuesday's high (28 pips shy of Monday's one-week peak)

  • BoE's Haldane unlikely to vote for negative rates anytime soon nL1N2GR09Z

  • UK PM to speak on COVID-19 as anger mounts towards curbs nL8N2GR1QN

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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