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Dec 21 - 03:55 AM

GBP/USD - Helped To Intra-Day High By Rise In Risk Appetite

By Rob Howard  —  Dec 21 - 02:37 AM
  • Cable rises to 1.3222 as risk-sensitive pound benefits from equity gains

  • Nikkei closed up 2% nL4N2T6189. European and U.S. equity futures higher

  • See: nL8N2T615F. 1.3222 = intra-day high. 1.3196 was Asian session low

  • 1.3243 (Monday's high) is a resistance level. Large 1.3245 expiry Wednesday

  • UK may or may not introduce new restrictions vs Omicron from Dec 28

  • See: nL8N2T51LU. UK Nov PSNB ex-banks 17.4 bln vs 16 bln f/c nL1N2T60B0

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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