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Thomson Reuters
May 14 - 06:12 AM
GBP/USD - Drops To Fresh May Low Pre-UK Earnings, Jobs Data
First appeared on eFXplus on May 14 - 03:15 AM
  • Cable falls to 1.2935 ahead of UK jobs and earnings data at 0830GMT
  • 1.2935 = new May low (1.2942 was Monday's low). 1.2945-1.2973 was Asia range
  • Monday's drop to 1.2942 was influenced by risk aversion and Brexit concerns
  • Tory PM May told to ditch Brexit talks with opposition Labour nL5N22Q1QL
  • Telegraph-May considering 'definitive votes' on Brexit. Link: nNRA8pfp39
  • UK earnings f/c +3.4%, ex-bonus f/c +3.3. Misses could further depress GBP

GBPUSD: Click here

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