eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• Cable elicited support pre-1.3482 after extending south from 1.3546
• 1.3482 was Monday's early London low (1.3475 was one-week low in Asia Monday)
• 1.3546 was knee-jerk high on sub-5% UK jobless rate surprise (at 0600 GMT)
• Robbins describes pressure from UK PM's office, deepening Mandelson row
• U.S. March retail sales data due at 1230 GMT; increase of 1.4% expected
• Fed chief nominee Warsh's Senate confirmation hearing
starts at 1400 GMT
GBPUSD

(Robert Howard is a Reuters market analyst. The views expressed
are his own)