Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 27 - 04:55 AM

GBP/USD - Holds Above 1.26 After Scaling One-Month Peak

By Rob Howard  —  May 27 - 03:05 AM
  • Cable holds above 1.2600 (ex-resistance level) after retreating from 1.2666

  • 1.2666 = one-month high in Asia nL2N2XJ04T. 1.2600 was Monday's high

  • Support points below 1.2600 include 1.2550 (1.2551 was Thursday's low)

  • 1.2553 was low after 25% UK windfall tax/support package news nL5N2XI0ZO

  • Sunak: Support package will have minimal impact on inflation nL5N2XJ0TO

  • Fed's preferred inflation gauge due at 1230 GMT; 4.9% YY f/c nL2N2XI0ED

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!