Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 09 - 04:55 AM

GBP/USD - 1.36 On Horizon After Monday's 1.25 Cent Climb

By Rob Howard  —  Nov 09 - 02:51 AM
  • Cable has traded a 33 pip range thus far Tuesday, 1.3549-1.3582

  • 1.3582 is just beyond the high on Monday -- when GBP/USD jumped from 1.3451

  • Shorts squeezed during Monday's jump: more stops on shorts likely above 1.36

  • GBP/USD slid through 1.36 last Thursday, courtesy of BoE's dovish surprise

  • On Monday, Bailey said BoE will act on rates if CPI risks grow nL9N2PO01Y

  • Brainard interviewed by Biden for Fed chair - Bbg nL4N2S0136nL1N2RZ0IB

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!