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Jul 04 - 05:00 AM
GBP/USD - Remains Sub-1.26 After Carney Moves BoE Goalposts
First appeared on eFXplus on Jul 04 - 03:15 AM
  • Cable has held sub-1.26 thus far Thursday, with 1.2590 marking Asia high
  • 1.2600 is a former support level, broken on dovish Carney steer Tuesday
  • See: nL8N2434DL. 1.2591 was Wednesday's Ldn/NY high (after ADP miss)
  • 1.2557 was two-week low Wednesday, before UK service PMI miss nL8N2441PN
  • EUR/GBP rose to threaten last Friday's 24-week high of 0.8992 Wednesday
  • Halloween no-deal Brexit risk is a major negative for GBP nL8N2441ZS

GBPUSD: Click here

Refinitiv IFR Research/Market Commentary


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