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Oct 28 - 03:55 AM

GBP/USD - Within Strike Of 1.3750 As France-UK Row Heats Up

By Rob Howard  —  Oct 28 - 02:54 AM
  • Cable gravitates to 1.3750 option expiry as tensions soar between France-UK

  • France seizes a British trawler as fishing licence row heats up nL1N2RO088

  • More: nL8N2RO2KK. The 1.3750 strike rolls off at 1400 GMT nL1N2RO0FH

  • 1.3709-1.3759 was Wednesday's post-UK budget range (1.3759 = NY low Tuesday)

  • 1.3709 approximates to last week's low (1.3711 was pre-budget low Wednesday)

  • 1.3829 was Tuesday's high -- before M&A news hurt the pound nL4N2RM34I

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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