By Rob Howard — Mar 09 - 09:41 AM
Cable hits 1.3912, its highest level since Thursday, after vaulting 1.3900
1.3900 was Ldn am high nL1N2L70O1. EUR/GBP simultaneously eases to 0.8555
0.8555 = lowest level since Feb 24 (0.8540 was one-year low that day)
Risk-sensitive GBP benefits from U.S. equity gains: Nasdaq opens 2.5% higher
See: nL4N2L73B1. 1.3921 and 1.3950 are GBP/USD resistance levels
USD event risk: 3-year and 10-year bond auctions loom large nL1N2L713Y
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary