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Derived real-time data in partnership with:
Thomson Reuters
May 13 - 02:36 PM
GBP/USD - Drops To Its Lowest Level Since The Month Began
First appeared on eFXplus on May 13 - 12:10 PM
  • Cable hits 1.2950 after extending south from 1.3040 (intra-day high)
  • 1.2950 = low since the month began (1.2927 was the Apr 30 low)
  • EUR/GBP has simultaneously risen to threaten 0.8677 (Apr 24 high)
  • Pessimism about Tory/Labour Brexit talks is helping weigh on the pound
  • See: . The talks got underway nearly five weeks ago
  • Britons to vote European Parliament elections next week

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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