By Paul Spirgel — Dec 04 - 02:05 PM
GBP$ firm into NY close, +0.34% at 1.2713, Wednesday range 1.2722-1.2630
BoE's Bailey sticks to 'gradual' script for rate cuts nL5N3N50HD
UST yields tick lower after Fed's Musalem talks lower rates
Powell: Unemployment still very low, making progress on inflation
Post-election Trump trade USD bid tapers ahead of Thursday IJC, Friday NFP
A chance for sterling bulls before year-end doldrums nL2N3N50LC
U.S.-UK rate spread on parallel path into YE 2025; GBP dip overdone
GBP$ res 1.2722 Wednesday high, 1.2761 50% of 1.3046-1.2475, 1.2820- 200-DMA
Supt 1.2688 rising 10-HMA, 1.2630 Wednesday low, 1.2569 the Nov. 27 low
Source:
London Stock Exchange Group | Thomson Reuters