By Robert Howard — May 07 - 02:50 AM
• Cable elicited support around 1.3336 in Asia after retreat from 1.3402
• 1.3336 was Monday's high. 1.3334 = Asia low. 1.3402 was May high on Tuesday
• Tuesday's rise to 1.3402 was influenced by DoorDash-Deliveroo M&A news
• US, UK make headway on trade pact, British official says
• US, China to hold ice-breaker trade talks in Geneva on Saturday
• Dollar confusion reigns. UK April construction PMI 0830 GMT; 45.8 forecast
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
