By Robert Howard — Jan 21 - 02:21 AM
• Cable holds above 1.2249 after UK pay growth matches 5.6% forecast
• 1.2249 was Asia low, after USD rose on tariff guidance from President Trump
• Trump mulls Feb 1 imposition of 25% tariffs on imports from Canada, Mexico
• 1.2345 was high before Trump's guidance, on absence of day-one U.S. tariffs
• GBP/USD was sub-1.22 before dollar fell on word of no day-one tariffs Monday
• UK finance minister Reeves to tell Davos: 'time to invest in Britain is
now'
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters