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TDUX
Sep 25 - 01:55 AM
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GBP/USD - Hovers Near A 3-Month Low After A Bruising Week

By Krishna Kumar  —  Sep 24 - 11:45 PM

• GBP/USD stays offered in Asia after closing 0.15% lower Thursday

• May consolidate after falling 1.4% this week to its lowest since June 29

• Weighed down by hawkish Fed comments, rising odds of October rate hike

• BoE Nov 25bps hike odds rise to 75% on hawkish comments from BoE officials

• EUR/GBP steady after hitting highest since July 1 on robust EZ economy

• Support 1.3180, 1.3140-1.3160 March-June lows; resistance 1.3255-60, 1.3300

• Thursday range 1.3204-1.3256, Asia 1.3211-1.3224
GBP:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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