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Jun 02 - 11:55 AM

GBP/USD - Up To Eye Ldn Am High On U.S. ISM Mfg Index Miss

By Robert Howard  —  Jun 02 - 10:20 AM

• Cable rises to 1.3552 as USD falls on worse than expected U.S. ISM mfg index

• 48.5 vs 49.3 forecast. 1.3555 was Ldn am peak, highest level since May 27

• 1.36 is resistance level beyond 1.3555 (1.3593 was 39-month high on May 26)

• JPMorgan CEO Dimon tells Fox Business U.S. debt could cause bond turmoil

• Four MPC members, including BoE Governor Bailey, to address TSC on Tuesday

• Scottish parliamentary by-election on Thursday: Will Farage's Reform UK win?

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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