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Thomson Reuters
Apr 23 - 08:36 AM
GBP/USD - Reclaims 1.30 Handle After Threatening Six-Week Low
First appeared on eFXplus on Apr 23 - 06:15 AM
  • Cable rise to 1.3019 aided by some profit-taking on short positions
  • Flow kicked in after GBP/USD elicited early Europe support pre-1.2975
  • 1.2975 was Monday's six-week low (matched in Asia). 1.2978 = pre-Easter low
  • Offers expected near 1.3035 (Thursday's Asia low) if cable extends north
  • Britons feel a boost in their finances from rising wages-survey nL5N225193
  • GBP could gain if MPC hawk walks the walk on BoE rate hike nL1N225051

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Thomson Reuters IFR Markets


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