Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 29 - 07:55 AM

GBP/USD - Maintains 1.27 Handle As Year-End Approaches

By Rob Howard  —  Dec 29 - 06:40 AM
  • Cable has traded a 70.5 pip range since the Ldn open; 1.2702 = session low

  • 1.2702 is three pips above Wednesday's low. 1.2825 was 21-week high Thursday

  • Last week's low was 1.2613 (Dec 21, day after UK CPI downside surprise)

  • UK budget March 6 (just over fortnight before next-but-one BoE rate verdict)

  • May, October and November among months mooted for UK election next year

  • US employment report due next week (Jan 5); December NFP forecast at 158k

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!