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TDUX
Sep 22 - 11:55 PM

GBP/USD - Offered As Supports Give Way On Fed Rate Outlook

By Krishna Kumar  —  Sep 22 - 10:53 PM

• GBP/USD down 0.1% in Asia after closing 0.2% lower on Tuesday

• Pressured by hawkish comments from Fed officials, rising Fed rate bets

• Oil's slide to a near 3-week low on Tue likely to offer some support

• UK employers' pay awards cool to 3%, Brightmine data shows

• Adds to signs of softer labour market, cooler inflation; BoE on hold in Nov?

• UK ready to lead global push on AI Standards, Burnham tells UN

• Strong supports at 1.3334-44 lost, opens ratchet to 1.3265-75

• Interim support at 1.3300-05; resistance 1.3375-80, 1.3405-10

• Tuesday range 1.3322-1.3386, Asia 1.3325-1.3345
GBP:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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