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TDUX
Apr 27 - 08:55 AM

GBP/USD - Rises To Its Highest Level Since April 17

By Robert Howard  —  Apr 27 - 07:08 AM

• Cable hits 1.3562 after adding to gains from 1.3455 (Friday low)

• 1.3562 is the highest level since April 17 (1.3599 was two-month high that day)

• Safe-haven USD softer on Axios report re: Iran proposal, Tillis guidance on Warsh

• Powell prepares for possible swan song Wednesday. BoE event risk Thursday

• King Charles jets to U.S. for trip overshadowed by Iran quarrel and shooting

• CBI April retail sales balance minus 68, its lowest reading since series began in 1983

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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