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Nov 29 - 08:55 AM

GBP/USD - Respects Friday's High As Omicron Casts Shadow

By Rob Howard  —  Nov 29 - 07:07 AM
  • Cable met headwind at 1.3360 after rising from 1.3319 (intra-day low)

  • 1.3360 was Friday's high (after rally from 1.3278 Omicron shock-spurred low)

  • Risk-sensitive GBP lifted by European equity gains nL4N2SK265nL1N2SK0JR

  • U.S. equity futures positive after Omicron-driven rout Friday nL4N2SK2SO

  • More GBP/USD offers expected pre-1.34 (1.3388 was last Wednesday's high)

  • UK mortgage approvals slide to 16-month low - BoE nL8N2SK2BLnL1N2SK0K4

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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