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Sep 06 - 03:48 PM
GBP/USD - Dips Into Friday's Close, Holds Weekly Gains On Soft Brexit View
First appeared on eFXplus on Sep 06 - 01:30 PM
  • GBP/USD dips into week's close, -0.39% to 1.2283, Friday range 1.2343-1.2283
  • Powell: US consumer in good shape, doesn't see recession nZ8N23J007
  • Despite post-Powell weakness GBP/USD +2.82% from Tuesday 3-yr low 1.1959
  • Monday vote to stave off early elex in focus nL9N25P004, keeps GBP bid
  • Sterling's Brexit-delay gains a gift that won't keep on giving
  • EUR/GBP +0.37% to 0.8975, Fri range 0.8986-46; EUR shorts take profit

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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