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Oct 18 - 08:55 AM

GBP/USD - Loses 1.13 Handle As Volatility Continues

By Rob Howard  —  Oct 18 - 06:55 AM
  • Cable hits 1.1266 after falling further from 1.1410 (Asian session high)

  • Support points include 1.1256 and 1.1228 (Monday's London morning low)

  • 1.1256 was pullback low from 1.1332 high during Hunt fiscal statement Monday

  • See: nL1N31I0QW. Subsequent climb reached 1.1440 (high since Oct 5)

  • BoE says report of delay to its bond sales 'inaccurate' nL1N31J06D

  • UK PM Truss apologises for economic plan nL1N31J0EYnL1N31J0IV

Source:
Refinitiv IFR Research/Market Commentary

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