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Jun 23 - 03:55 AM

GBP/USD - Respects One-Month Low After US Attack On Iran

By Robert Howard  —  Jun 23 - 02:32 AM

• Cable fell to 1.3398 in Asia as USD rose after U.S. attack on Iran Saturday

• 1.3441 is subsequent high (1.3441 was pre-weekend low). 1.3511 = Friday high

• Asian session base was 15 pips shy of Thursday's one-month low (June 19)

• Iran's top security body to decide on Hormuz closure, Press TV reports

• On Friday, Trump said he may change his mind about firing Fed Chair Powell

• Six MPC members to speak Tuesday-Wednesday, including BoE Governor Bailey

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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