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TDUX
Sep 10 - 01:55 AM

GBP/USD - Cautiously Bid Ahead Of Key Event Risks

By Krishna Kumar  —  Sep 09 - 11:41 PM

• GBP/USD edges higher as traders brace for key U.S. and UK economic data

• U.S. PPI Thu, CPI Fri pivotal for September 16 Fed rate decision

• UK has busy Fri too; July GDP, industrial & manufacturing output, trade due

• July employment, Aug inflation next week; BoE rate decision Sep 17

• Rising oil prices, escalating Iran-U.S. conflict likely to cap upside

• Resistance at 1.3575, 1.3600; support 1.3520, 1.3500, 1.3470-75

• Wednesday range 1.3531-1.3566, Asia 1.3546-1.3559
GBP:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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