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Apr 19 - 07:55 AM

GBP/USD - Awaits UK PM's Words After Lift From Sub-1.30 Low

By Rob Howard  —  Apr 19 - 06:15 AM
  • Cable ran into resistance just shy of 1.3041 after rallying off 1.2989

  • 1.3041 was Monday's NY session high. 1.2989 was Asian session low

  • See: nL2N2WH0A1. 1.2973-1.3147 was last week's range (low before high)

  • 1.2973 = lowest level since Nov 2020 (1.2854 was the low that month)

  • UK PM Johnson to apologise to MPs over lockdown fine (around 1430 GMT)

  • See: nL5N2WH180nL5N2WA2LC. UK local elections May 5 nL2N2WC0J2

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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