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Sep 08 - 03:55 AM

GBP/USD - Close To 2-Week Low Before EU-UK Trade Talks Resume

By Rob Howard  —  Sep 08 - 02:15 AM
  • Brexit concerns continue to weigh on GBP, with cable down to 1.3128 in Asia

  • 1.3128 is the lowest level since August 26 (1.3118 was the low that day)

  • 1.3139 was Monday's low, after 1% fall on threat to Brexit divorce pact

  • See: nL8N2G40SA. EU-UK trade talks resume today nL4N2G432InL8N2G42N0

  • William Hill-5/4 UK and EU "to agree any trade deal" this year nL1N2G40AP

  • 1.3176 (Friday's low) and 1.32 are GBP/USD resistance levels

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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