By Rob Howard — May 12 - 02:20 AM
Cable falls to 1.2185 on unexpectedly negative UK March GDP print
Minus 0.1% vs zero f/c nAPN0KMJ3W. 1.2185 is lowest level since May 2020
1.2196 was low shortly before the 0600 GMT UK GDP data release
1.24 was Wednesday's high -- before risk aversion boosted safe-haven USD
Nasdaq closed down 3.2% Wednesday nL2N2X32ZQ. Bitcoin down nL2N2X4098
Brexit concerns are helping weigh on GBP nL2N2X336KnL5N2X32GN
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary