Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 21 - 04:55 AM

GBP/USD - Rises To 1.30 After UK CPI Matches Forecast

By Rob Howard  —  Oct 21 - 02:45 AM
  • Cable rises to 1.3001 after UK CPI as expected, +0.5% YY nL8N2HB6KI

  • 1.3001 = two-day top. 1.2984 was pre-UK inflation data release high

  • Resistance levels include 1.3024/30 (Monday/Thursday high) and 1.3083

  • 1.2979 (Tuesday's high) is now a support point. 1.2911 was Tuesday's low

  • BoE's Ramsden, speaks at 1210GMT; he is against sub-zero rates nL1N2HB09W

  • 10-year U.S. Treasury yield rises to highest level since June 9 nL4N2HC1CP

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!