By Robert Howard — May 12 - 03:50 AM
• Cable falls to 1.3167 as dollar jumps on news from Geneva, re: China-U.S.
• U.S. and China reach deal to slash trade tariffs
• 1.3167 is lowest level since April 15 (1.3166 was low that day)
• Early London high was 1.3296, before the China-U.S. tariff cut news
• CFTC data showed net GBP long rose before BoE's relatively hawkish rate cut
• Reform UK support at 32%, Labour 22%, Tories 19% - BMG Research poll for i
GBPUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
