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TDUX
Jun 09 - 02:55 AM

GBP/USD - Buoyed By Asian Stock Gains

By Robert Howard  —  Jun 09 - 02:22 AM

• Cable rises to 1.3374 as risk-sensitive pound benefits from Asian stock gains

• 1.3374 is the highest level since Monday's three-week low of 1.3307

• Monday's high was 1.3368, after Iran and Israel halted attacks on each other

• Offers might emerge near 1.34 (former support point) if GBP/USD extends north

• Friday's high was 1.3483 - before the dollar jumped on strong U.S. jobs data

• M&A news: UK's GSK to buy US-listed Nuvalent for $10.6 billion

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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