By Rob Howard — Jul 19 - 05:50 AM
Cable reaches 1.2025 after strong UK employment data and hawkish ECB steer
See: nL8N2Z016UnL8N2Z01UW. 1.2025 is 7 pips shy of Monday's 1-week high
EUR/GBP up to 0.8530, its highest level since July 7 nL1N2Z00IO
1.2055 and 1.21 are GBP/USD resistance levels beyond 1.2034 (July 11 high)
Result of 4th round of Tory leadership contest due at 1400 GMT nL1N2YZ0RB
BoE Governor Bailey's Mansion House speech 1745 GMT, pre-CPI data Wednesday
Source:
Refinitiv IFR Research/Market Commentary