By Rob Howard — Nov 08 - 03:05 AM
Cable eyes 1.2264 before slated speech from BoE Governor Bailey at 0930 GMT
1.2264 was Tuesday's low, after dovish shift in BoE expectations on Pill
Bailey due to speak about 'achieving good outcomes in an uncertain world'
Support points below 1.2264 include 1.2242 (pre-NFP high Friday) and 1.2222
1.2300 (Asia high) is a resistance level. 1.2428 was seven-week peak Monday
Fed chair Powell is due to speak at 1415 GMT. UK Sept/Q3 GDP data due Friday
Source:
Refinitiv IFR Research/Market Commentary