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May 10 - 05:55 AM

GBP/USD - Eyes 1.41 After Rise On Scottish Indyref2 Risk Vibe

By Rob Howard  —  May 10 - 05:10 AM
  • Cable hits 1.4096, high since Feb 25, after extending north from 1.3892

  • 1.3892 was low shortly before April's big NFP miss hurt the USD on Friday

  • Post-weekend gains influenced by Scottish indyref2 risk vibe nL1N2MX0HB

  • Ladbrokes odds suggest only one in three chance of referendum before 2025

  • PM Johnson to confirm next phase of England's lockdown easing nL8N2MX153

  • 1.4044 (Asia high) is now a GBP/USD support point, pre-1.4005 nL1N2MX0AO

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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