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Jun 29 - 07:55 AM

GBP/USD - Eyes Friday's Four-Week Low After 73 Pip Fall

By Rob Howard  —  Jun 29 - 05:45 AM
  • Cable threatens 1.2314 (Friday's four-week low) after sliding from 1.2388

  • 1.2388 was early Ldn high, two pips shy of Thursday's low nL1N2E605Q

  • GBP/EUR has simultaneously fallen to a 13-week low of 1.0945 nL1N2E608G

  • Fear that EU-UK may not agree trade deal in H2 is helping weigh on GBP

  • EU-UK trade negotiations resume today nFWN2E4036nL1N2E309EnL8N2E409Y

  • UK mortgage approvals slumped to record low in May - BoE data nL8N2E61V2

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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