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Jun 20 - 08:55 AM

GBP/USD - Rises To Intra-Day High Before MPC Hawk Mann Talks

By Rob Howard  —  Jun 20 - 08:00 AM
  • Cable climbs to 1.2277 ahead of slated speech from MPC hawk Mann at 1300 GMT

  • 1.2277 = intra-day high (1.2260 was London am high; 1.2253 was Asia high)

  • Mann was one of three MPC members who wanted 50 bps BoE rate hike last week

  • Two-year gilt yields rise to 2.27%, highest since November 2008 nS8N2W30CR

  • 3% BoE rate is currently priced for December - Refinitiv measure BOEWATCH

  • UK inflation data, flash PMIs and retail sales data this week nL1N2Y70ME

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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