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TDUX
Jul 08 - 04:55 AM

GBP/USD - Helped To Intra-Day High By Dollar Selling Vs Won

By Robert Howard  —  Jul 08 - 02:55 AM

• Cable rise to 1.3365 influenced by dollar's drop to six-week low vs won

• 1.3365 is intra-day high. 1.3343 was Asia low, as USD rose on higher oil prices

• Iran targets sites in Bahrain, Kuwait after wave of U.S. strikes

• 1.3400 was Tuesday's 3-week GBP/USD high, which 200DMA helped define

• Minutes from June's Fed meeting will be published at 1800 GMT

• UK's main parties won't stand against Farage in Clacton by-election

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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