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Jan 07 - 11:55 AM

GBP/USD - Holds Within Wednesday's Range As U.S. Stocks Rise

By Rob Howard  —  Jan 07 - 09:44 AM
  • Cable has traded a 74 pip range thus far Thursday, 1.3557-1.3631

  • Those parameters are within Wednesday's range of 1.3536-1.3671

  • 1.3671 was high as USD fell on Georgia runoff election results nL1N2JH0OO

  • 1.3536 = ensuing one-week low, before Trump supporters stormed U.S. Capitol

  • See: nL1N2JH25T. U.S. Congress formally certifies Biden win nL1N2JI0JO

  • S&P 500 hits record high nL4N2JI30LnL4N2JI2Y9nL1N2JI195

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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