By Robert Howard — Jun 16 - 04:02 AM
• Cable meets headwind pre-1.36 after extending north from 1.3536 (Asia low)
• Offers around 1.3600 capped pre-weekend climb from 1.3518 (Friday's low)
• 1.3632 was Friday's 40-month high - before dollar rose on Israel-Iran news
• Friday's low was 7 pips under Thursday's weak UK April GDP data-spurred low
• CFTC data: net GBP long rose to highest since November in week ended June 10
• Fed and BoE are both expected to keep interest rates unchanged
this week
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
