By Robert Howard — May 01 - 10:24 AM
• Cable falls to 1.3309 as USD gains on U.S. ISM manufacturing index beat
• 48.7 vs 48.0 forecast. 1.3309 = NY session low (1.3310 was Wednesday low)
• Ldn am intra-week low was 1.3275 (1.3272 is 23.6% Fibo of 1.2712-1.3445)
• Resistance levels include 1.3345 (intra-day high) and 1.3400
• English local election polls close at 10pm BST: results expected on Friday
• Experts see Reform UK winning about 25% of the 1,641 seats being contested
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters