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Jul 01 - 04:55 AM

GBP/USD - Close To 1.38 Before BoE Publishes Bailey Speech

By Rob Howard  —  Jul 01 - 02:37 AM
  • Cable holds near 1.3800 as USD index scales 12-week peak nL3N2OD1IT

  • 1.3799 was Wednesday's GBP/USD low (after drop from 1.3873) nL2N2OC1CT

  • Wednesday's low was 8-12 pips shy of recent nine-week lows (June 18/21)

  • 1.3838 was the recovery rally high from Wednesday's nine-day low

  • BoE Governor Bailey's Mansion House speech to be published at 0800GMT

  • Haldane warns on UK inflation complacency in parting shot - FT (Wednesday)

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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