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Thomson Reuters
Jun 04 - 08:36 AM
GBP/USD - Met Headwind Pre-1.34 After Building On UK Data
First appeared on eFXplus on Jun 04 - 06:45 AM
  • Offers just shy of 1.3400 capped GBP/USD after it vaulted 1.3377 (Asia high)
  • Break through 1.3377 was aided by UK construction PMI beat nL9N1S7012
  • UK service PMI due Tuesday: another beat would be positive for the pound
  • 1.3422 (May 24 high) and 1.3450 are resistance levels beyond 1.3400
  • BoE MPC member Tenreyro due to speak in Guildford at 1700GMT

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