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Jan 18 - 06:55 AM

GBP/USD - Drops To Its Lowest Level For Nearly A Week

By Rob Howard  —  Jan 18 - 05:47 AM
  • Cable hits 1.3522 as USD continues to benefit from U.S. FX policy steer

  • U.S. Treasury nominee Yellen to say U.S. does not seek weaker USD - WSJ

  • See: nL1N2JS0LPnL1N2JT0L5. 1.3522 = lowest level since Jan 12

  • 1.3509 (Jan 12 low) and 1.3451 (Jan 11 low) are GBP/USD support points

  • COVID-19 vaccine supply not as good as hoped, UK says nL8N2JT19X

  • Net GBP long held by IMM speculators rises to 10-month high nL1N2JT0EZ

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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