By Rob Howard — Apr 18 - 02:55 AM
Cable hits 1.2484 (three-day high) after extending north from 1.2425
1.2425 was Wednesday's NY session low following guidance from BoE's Bailey
Bailey said latest UK inflation fall matched BoE expectations nL2N3GQ0PY
1.2482 was Wednesday's high, after higher than forecast UK inflation data
Offers expected pre-1.25 (former support level). 1.2498 was Monday's high
US nods to 'serious' Japan, S.Korea concerns over slumping currencies
Source:
Refinitiv IFR Research/Market Commentary